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"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
| FORM 4 |
| 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
| ( 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 )Securities held in the Jeffrey E. Eberwein Revocable Trust (the "Eberwein Trust"). Mr. Eberwein, as the trustee of the Eberwein Trust, may be deemed to beneficially own the securities held in the Eberwein Trust. Mr. Eberwein expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
( 4 )On August 16, 2019 the reporting person was granted 1,250 Restricted Stock Units. As to this grant, 100% of the Restricted Stock Units fully vested on August 16, 2020.
( 5 )Award of Restricted Stock Units made in accordance with the Digirad Corporation 2018 Incentive Plan and in lieu of a quarterly cash board retainer fee in the amount of $9,000. The number of Restricted Stock Units granted was determined using the closing sales price per share on the grant date ($2.68).
( 6 )One hundred percent (100%) of the Restricted Stock Units are scheduled to vest on the one (1) year anniversary of August 17, 2020, subject to the reporting person continuing to be a service provider through such date.
|* If the form is filed by more than one reporting person, see Instruction 4(b)(v).|
|** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).|