Matthew G. Molchan - May 15, 2021 Form 4 Insider Report for STAR EQUITY HOLDINGS, INC. (STRR)

Signature
/s/ Matthew G. Molchan
Stock symbol
STRR
Transactions as of
May 15, 2021
Transactions value $
-$5,553
Form type
4
Date filed
5/18/2021, 08:44 PM
Next filing
Aug 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRR Common Stock Options Exercise +7.12K +24.33% 36.4K May 15, 2021 Direct F1, F2
transaction STRR Common Stock Tax liability -$5.55K -2.14K -5.89% $2.59 34.2K May 15, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STRR Restricted Stock Unit Options Exercise -7.12K -100% 0 May 15, 2021 Common Stock 7.12K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
F2 This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
F3 Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units. No shares were sold.
F4 On May 15, 2019, Mr. Molchan was granted 142,406 Restricted Stock Units, which amount has been adjusted to 14,241 Restricted Stock Units pursuant to the Issuer's 1-for-10 reverse stock split of its common stock on June 9, 2019. The Restricted Stock Units vested as to 50% of the units on each of May 15, 2020 and May 15, 2021, subject to the satisfaction of certain performance criteria to be determined and approved by the Compensation Committee with respect to each such period.