DIGIRAD CORP 4
4 · DIGIRAD CORP · Filed Feb 3, 2017
Insider Transaction Report
Form 4
DIGIRAD CORPDRAD
Lott Virgil
Senior VP, Operations
Transactions
- Exercise/Conversion
Common Stock
2017-02-01+2,604→ 60,257 total - Tax Payment
Common Stock
2017-02-01$4.95/sh−1,140$5,643→ 59,117 total - Exercise/Conversion
Restricted Stock Unit
2017-02-01−4,882→ 9,765 total→ Common Stock (4,882 underlying) - Exercise/Conversion
Common Stock
2017-02-01+4,882→ 59,791 total - Tax Payment
Common Stock
2017-02-01$4.95/sh−2,138$10,583→ 57,653 total - Exercise/Conversion
Restricted Stock Unit
2017-02-01−2,604→ 7,813 total→ Common Stock (2,604 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- [F2]This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- [F3]Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units. No shares were sold.
- [F4]On February 1, 2015 the reporting person was granted 19,529 Restricted Stock Units. As to this grant, 25% of the Restricted Stock Units fully vested on February 1, 2016, 25% fully vested on February 1, 2017 and the remaining Restricted Stock Units vest as to 25% of the units on each of 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.
- [F5]On February 1, 2016 the reporting person was granted 10,417 Restricted Stock Units. As to this grant, 25% of the Restricted Stock Units fully vested on February 1, 2017 and the remaining Restricted Stock Units vest as to 25% of the units on each of 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.