SEC Form 4 · accession 0000921895-18-000425
DIGIRAD CORP · DRAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew G. Molchan
Officer — President and CEO · Director
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 6:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000707388
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 1, 2018 | M | 7,225 | — | A | 66,620 | D | |
| Common StockF3 | Feb 1, 2018 | F | 2,576 | $2.30 | D | 64,044 | D | |
| Common StockF1,F2 | Feb 1, 2018 | M | 5,106 | — | A | 69,150 | D | |
| Common StockF3 | Feb 1, 2018 | F | 1,821 | $2.30 | D | 67,329 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F5,F2,F4 | — | Feb 1, 2018 | M | 7,225 | D | — | — | Common Stock | 7,225 | 14,449 | D |
| Restricted Stock UnitF1,F5,F2,F6 | — | Feb 1, 2018 | M | 5,106 | D | — | — | Common Stock | 5,106 | 20,424 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- F2This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- F3Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units. No shares were sold.
- F4On February 1, 2015 the reporting person was granted 57,797 Restricted Stock Units. As to this grant, 25% of the Restricted Stock Units vest on each of February 1, 2016, February 1, 2017, February 1, 2018 and February 1, 2019, with vesting of 50% of each such Restricted Stock Unit tranche subject to the satisfaction of certain performance criteria to be determined and approved by the Compensation Committee with respect to each such period.
- F5Does not include Restricted Stock Units that did not vest and were cancelled.
- F6On February 1, 2016 the reporting person was granted 40,847 Restricted Stock Units. As to this grant, 25% of the Restricted Stock Units vest on each of February 1, 2017, February 1, 2018, February 1, 2019 and February 1, 2020, with vesting of 50% of each such Restricted Stock Unit tranche subject to the satisfaction of certain performance criteria to be determined and approved by the Compensation Committee with respect to each such period.