Clyde Todd P 4
4 · DIGIRAD CORP · Filed Jul 20, 2012
Insider Transaction Report
Form 4
DIGIRAD CORPDRAD
Clyde Todd P
DirectorPresident, CEO & CFO
Transactions
- Exercise/Conversion
Common Stock
2012-07-18+5,028→ 65,565 total - Exercise/Conversion
Restricted Stock Units
2012-07-18−2,514→ 2,514 totalExp: 2013-02-16→ Common Stock (2,514 underlying) - Exercise/Conversion
Restricted Stock Units
2012-07-18−2,514→ 2,514 total→ Common Stock (2,514 underlying) - Tax Payment
Common Stock
2012-07-18$1.98/sh−5,028$9,934→ 60,537 total
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Digirad common stock.
- [F2]The sales of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on November 30, 2011.
- [F3]One twelfth (1/12th) of the 75,000 restricted stock units (RSUs) subject to the award vest and become payable on the first day of each calendar quarter following the date of grant (February 16, 2010), as long as the reporting person remains a service provider on such dates. Vested shares will be delivered as soon as practicable after the RSU vests, and in no event later than the tenth (10th) business day following the applicable vesting date.
- [F4]One twelfth (1/12th) of the 75,000 restricted stock units (RSUs) subject to the award shall vest and become payable on the first day of each calendar quarter following the date of grant (December 31, 2010), as long as the reporting person remains a service provider through each such date. Once vested, the RSUs shall nevertheless not be issued until the first to occur of: (1) the end of each quarter when one twelfth (1/12th) of the RSU award vests; or (2) termination of service as a service provider.