Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | STRR | Common Stock | 157K | May 15, 2021 | Direct | ||||||
holding | STRR | 10% Series A Cumulative Perpetual Preferred Stock | 960K | May 15, 2021 | Direct | ||||||
holding | STRR | 10% Series A Cumulative Perpetual Preferred Stock | 350K | May 15, 2021 | By: Jeffrey E. Eberwein Revocable Trust | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRR | Restricted Stock Unit | Award | +8.4K | 8.4K | May 15, 2021 | Common Stock | 8.4K | Direct | F2, F3, F4 |
Id | Content |
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F1 | Securities held in 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. |
F2 | Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. |
F3 | Award of Restricted Stock Units made in accordance with the Company's 2018 Incentive Plan and in lieu of a cash chairman fee and a quarterly cash board retainer fee in the amount of $21,750. The number of Restricted Stock Units granted was determined using the closing sales price per share on May 14, 2021 ($2.59). |
F4 | One hundred percent (100%) of the Restricted Stock Units are scheduled to vest on the one (1) year anniversary of May 15, 2021, subject to the reporting person continuing to be a service provider through such date. |