Lone Star Value Management LLC 4
4 · ATRM Holdings, Inc. · Filed Sep 12, 2019
Insider Transaction Report
Form 4
Eberwein Jeffrey E.
10% Owner
Transactions
- Award
Common Stock, $0.001 par value
2019-09-06+10,000→ 445,012 total - Disposition to Issuer
Common Stock, $0.001 par value
2019-09-10−445,012→ 0 total - Disposition to Issuer
Common Stock, $0.001 par value
2019-09-10−3,005→ 0 total(indirect: By LLC)
Footnotes (3)
- [F1]Reflects shares of restricted stock granted under the Issuer's 2014 Incentive Plan, which will vest on the one-year anniversary of the grant date or upon a change of control.
- [F2]This Form 4 is filed jointly by Lone Star Value Investors, LP ("Lone Star Value Investors"), Lone Star Value Investors GP, LLC ("Lone Star Value GP"), Lone Star Value Management, LLC ("Lone Star Value Management") and Jeffrey E. Eberwein (collectively, the "Reporting Persons"). Prior to the merger, Mr. Eberwein is a director of the Issuer and Mr. Eberwein and Lone Star Value GP owned in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
- [F3]Each share of Common Stock disposed of pursuant to that certain Agreement and Plan of Merger, dated as of July 3, 2019, by and among the Company, Digirad Corporation and Digirad Acquisition Corporation, a newly-formed subsidiary of Parent in exchange for 0.03 shares of Digirad Series A Preferred Stock. In addition, all restricted stock grants were fully vested pursuant to the terms of the change in control.