SEC Form 4 · accession 0000921895-19-000227
DIGIRAD CORP · DRAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin B Shirley
Officer — President - DIS
Period of report
Feb 1, 2019
Accepted (ET)
Feb 6, 2019 · 9:29 am 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, 2019 | M | 2,078 | — | A | 17,969 | D | |
| Common StockF3 | Feb 1, 2019 | F | 616 | $0.72 | D | 17,353 | D | |
| Common StockF1,F2 | Feb 1, 2019 | M | 1,120 | — | A | 18,473 | D | |
| Common StockF3 | Feb 1, 2019 | F | 333 | $0.72 | D | 18,140 | 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, 2019 | M | 2,078 | D | — | — | Common Stock | 2,078 | 0 | D |
| Restricted Stock UnitF1,F5,F2,F6 | — | Feb 1, 2019 | M | 1,120 | D | — | — | Common Stock | 1,120 | 2,240 | 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 16,620 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 8,958 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.
Remarks
Exhibit 24 - Power of Attorney