Hannah Bible - Jul 27, 2023 Form 4 Insider Report for STAR EQUITY HOLDINGS, INC. (STRR)

Role
Chief Legal Officer
Signature
/s/ Hannah Bible
Stock symbol
STRR
Transactions as of
Jul 27, 2023
Transactions value $
$0
Form type
4
Date filed
7/28/2023, 08:12 PM
Previous filing
Aug 25, 2022
Next filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STRR Common Stock 1.26K Jul 27, 2023 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 +24.6K 24.6K Jul 27, 2023 Common Stock 24.6K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
F2 Award of Restricted Stock Units made in accordance with the Company's 2018 Incentive Plan, as amended. The number of Restricted Stock Units granted was determined using the closing sales price per share on July 26, 2023 of $0.98.
F3 The Restricted Stock Units are scheduled to vest as follows: one-third upon the first anniversary of July 27, 2023 (the "Grant Date"), one-third upon the second anniversary of the Grant Date, and one-third upon the third anniversary of the Grant Date.