Shirley Martin B 4
4 · DIGIRAD CORP · Filed May 19, 2020
Insider Transaction Report
Form 4
DIGIRAD CORPDRAD
Shirley Martin B
SVP, Sales & Marketing
Transactions
- Exercise/Conversion
Restricted Stock Unit
2020-05-15−4,459→ 4,459 total→ Common Stock (4,459 underlying) - Tax Payment
Common Stock
2020-05-15$2.37/sh−1,086$2,574→ 6,270 total - Exercise/Conversion
Common Stock
2020-05-15+4,459→ 7,356 total
Footnotes (5)
- [F1]On June 4, 2019, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
- [F2]Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- [F3]This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- [F4]Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units. No shares were sold.
- [F5]On May 15, 2019, Mr. Shirley was granted 89,175 Restricted Stock Units, which amount has been adjusted to 8,918 Restricted Stock Units pursuant to the Reverse Stock Split. The Restricted Stock Units are scheduled to vest as to 50% of the units on each of May 15, 2020 and May 15, 2021, subject to the satisfaction of certain performance criteria to be determined and approved by the Compensation Committee with respect to each such period.