Rao Bharat 4

Accession 0001140361-24-000965

CIK 0001031029other

View on SEC.gov Company Profile

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 2:49 PM ET

Size

38.1 KB

Accession

0001140361-24-000965

Insider Transaction Report

Form 4

Period: 2024-01-05

Startek, Inc.SRT

Rao Bharat

Director

Transactions

Disposition to Issuer
Common Stock
2024-01-05−274,064→ 0 total(indirect: Advance Crest Investments Limited)
Disposition to Issuer
Stock Options
2024-01-05−4,642→ 0 total
Exercise: $8.14From: 2020-01-02Exp: 2030-01-02→ Common Stock (4,642 underlying)
Disposition to Issuer
Stock Options
2024-01-05−4,561→ 0 total
Exercise: $7.83From: 2021-01-04Exp: 2031-01-04→ Common Stock (4,561 underlying)
Disposition to Issuer
Stock Options
2024-01-05−4,847→ 0 total
Exercise: $6.44From: 2018-10-01Exp: 2028-10-01→ Common Stock (4,847 underlying)
Disposition to Issuer
Stock Options
2024-01-05−4,333→ 0 total
Exercise: $8.02From: 2019-04-01Exp: 2029-04-01→ Common Stock (4,333 underlying)
Disposition to Issuer
Common Stock
2024-01-05−206,814→ 0 total(indirect: Tribus Capital Limited)
Disposition to Issuer
Stock Options
2024-01-05−5,066→ 0 total
Exercise: $6.54From: 2019-01-02Exp: 2029-01-02→ Common Stock (5,066 underlying)
Disposition to Issuer
Stock Options
2024-01-05−4,387→ 0 total
Exercise: $8.39From: 2019-07-01Exp: 2029-07-01→ Common Stock (4,387 underlying)
Disposition to Issuer
Stock Options
2024-01-05−5,925→ 0 total
Exercise: $6.39From: 2019-10-01Exp: 2029-10-01→ Common Stock (5,925 underlying)
Disposition to Issuer
Stock Options
2024-01-05−5,575→ 0 total
Exercise: $6.25From: 2021-10-01Exp: 2031-10-01→ Common Stock (5,575 underlying)
Disposition to Issuer
Stock Options
2024-01-05−11,138→ 0 total
Exercise: $3.31From: 2020-04-01Exp: 2030-04-01→ Common Stock (11,138 underlying)
Disposition to Issuer
Stock Options
2024-01-05−7,107→ 0 total
Exercise: $5.06From: 2020-07-01Exp: 2030-07-01→ Common Stock (7,107 underlying)
Disposition to Issuer
Stock Options
2024-01-05−6,871→ 0 total
Exercise: $5.23From: 2020-10-01Exp: 2030-10-01→ Common Stock (6,871 underlying)
Disposition to Issuer
Stock Options
2024-01-05−4,437→ 0 total
Exercise: $7.84From: 2021-04-01Exp: 2031-04-01→ Common Stock (4,437 underlying)
Disposition to Issuer
Stock Options
2024-01-05−4,889→ 0 total
Exercise: $7.12From: 2021-07-01Exp: 2031-07-01→ Common Stock (4,889 underlying)
Disposition to Issuer
Stock Options
2024-01-05−6,586→ 0 total
Exercise: $5.26From: 2022-01-03Exp: 2032-01-03→ Common Stock (6,586 underlying)
Disposition to Issuer
Stock Options
2024-01-05−550,000→ 0 total
Exercise: $5.75Exp: 2032-01-31→ Common Stock (550,000 underlying)

Footnotes (5)

[F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 10, 2023, by and among the Issuer, Stockholm Parent, LLC, a Delaware limited liability company, and Stockholm Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, in exchange for cash consideration of $4.30 per share of common stock of the Issuer (the "Merger Consideration") at the effective time of the merger.
[F2]The Reporting Person is one-third owner of Tribus Capital Limited. The Reporting Person disclaims beneficial ownership in such securities except to the extent of his pecuniary interest therein.
[F3]The Reporting Person is a 50% owner of Advance Crest Investments Limited. The Reporting Person disclaims beneficial ownership in such securities except to the extent of his pecuniary interest therein.
[F4]Stock options of the Issuer were canceled in the merger in exchange for an amount in cash equal to the excess, if any, of the per share Merger Consideration over the per share exercise price of such stock options. Any stock options with respect to which the per share exercise price was equal to or greater than the per share Merger Consideration was cancelled in exchange for no consideration.
[F5]These stock options, which were originally scheduled to vest in equal amounts on the last day of each quarter over four (4) years, with the first vesting date of April 30, 2022, became fully vested and were cancelled as a result of the merger, in exchange for no consideration.

Documents

1 file

4
form4.xmlPrimary
FORM 4

Issuer

Startek, Inc.

CIK 0001031029

→

Entity typeother

Related Parties

filerCIK 0001747268

Filing Metadata

Form type: 4
Filed: Jan 4, 7:00 PM ET
Accepted: Jan 5, 2:49 PM ET
Size: 38.1 KB

View on SEC.gov