Sec Form 4 Filing - Noble David J. @ DIGIRAD CORP - 2019-05-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Noble David J.
2. Issuer Name and Ticker or Trading Symbol
DIGIRAD CORP [ DRAD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
COO; Interim CFO
(Last) (First) (Middle)
C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT
3. Date of Earliest Transaction (MM/DD/YY)
05/15/2019
(Street)
SUWANEE, GA30024
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/15/2019 M 91,462 A 166,462 D
Common Stock 05/17/2019 P 8,538 A $ 0.65 ( 3 ) 175,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit ( 1 ) 05/15/2019 A 274,386 ( 4 ) ( 4 ) Common Stock 274,386 $ 0 274,386 D
Restricted Stock Unit ( 1 ) ( 2 ) 05/15/2019 M 91,462 ( 4 ) ( 4 ) Common Stock 91,462 ( 1 ) 182,924 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Noble David J.
C/O DIGIRAD CORPORATION
1048 INDUSTRIAL COURT
SUWANEE, GA30024
COO; Interim CFO
Signatures
/s/ David J. Noble 05/17/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
( 2 )This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
( 3 )The price reported in Column 4 is a weighted average price, rounded to nearest cent. These shares were purchased in multiple transactions at prices ranging from $0.65 to $0.67, rounded to nearest cent, inclusive. Mr. Noble undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission,upon request, full information regarding the number of shares purchased and the purchase price at which such shares were purchased.
( 4 )On May 15, 2019, the Reporting Person was granted 274,386 Restricted Stock Units. As to this grant, one-third of the Restricted Stock Units are scheduled to vest on each of the grant date, May 15, 2020 and May 15, 2021, subject to the Reporting Person continuing to provide service through each such date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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