SEC Form 4 · accession 0000921895-18-000800

DIGIRAD CORP · DRAD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Jeffry R. Keyes

Officer — Chief Financial Officer

Period of report

Feb 28, 2018

Accepted (ET)

Mar 1, 2018 · 7:46 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 Stock^F1,F2	Feb 28, 2018	M	6,617	—	A	49,696	D
Common Stock^F3	Feb 28, 2018	F	2,706	$2.05	D	46,990	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 Unit^F1,F6,F2,F4	—	Feb 28, 2018	M	6,617	D	—	—	Common Stock	6,617	19,852	D
Restricted Stock Unit^F1,F5	—	Feb 28, 2018	A	33,493	A	—	—	Common Stock	33,493	33,493	D
Restricted Stock Unit^F1,F7	—	Feb 28, 2018	A	33,493	A	—	—	Common Stock	33,493	33,493	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 28, 2017, Mr. Keyes was granted 52,937 Restricted Stock Units. As to this grant, 25% of the Restricted Stock Units vest on each of February 28, 2018, February 1, 2019, February 1, 2020 and February 1, 2021, 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.
F5These Restricted Stock Units are scheduled to vest as to 25% of the units on each of February 28, 2019, February 28, 2020, February 28, 2021 and February 28, 2022, subject to the reporting person continuing to provide service through each such date.
F6Does not include Restricted Stock Units that did not vest and were cancelled.
F7These Restricted Stock Units are scheduled to vest as to 25% of the units on each of February 28, 2019, February 28, 2020, February 28, 2021 and February 28, 2022, with the vesting of 100% of each such tranche subject to the satisfaction of certain performance criteria to be determined and approved by the Compensation Committee with respect to each such period.