Mitchell I. Quain - 11 Aug 2022 Form 4 Insider Report for STAR EQUITY HOLDINGS, INC. (STRR)

Role: Director
Signature: /s/ Hannah Bible, as Attorney-in-Fact
Issuer symbol: STRR
Transactions as of: 11 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 15 Aug 2022, 20:17:01 UTC
Previous filing: 22 Jun 2022
Next filing: 15 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRR	Common Stock	Options Exercise		+8,451	+18%		55,975	15 Aug 2022	Direct	F1, F2
holding	STRR	Common Stock						74,047	11 Aug 2022	By Mitchell Quain Revoc. Liv. Trust U/A 1/25/18	F3
holding	STRR	Common Stock						7,300	11 Aug 2022	By IRA
holding	STRR	Common Stock						3,200	11 Aug 2022	By Industrial Manufacturing Institute, LLC	F4
holding	STRR	Common Stock						300	11 Aug 2022	By Family Trust Partnership, LLC	F5

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	Award		+15,876			15,876	11 Aug 2022	Common Stock	15,876		Direct	F1, F6, F7
transaction	STRR	Restricted Stock Unit	Award		+27,607			27,607	11 Aug 2022	Common Stock	27,607		Direct	F1, F7, F8
transaction	STRR	Restricted Stock Unit	Options Exercise		+8,451			0	15 Aug 2022	Common Stock	8,451		Direct	F1, F2, F9

* 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 owned directly by the Mitchell Quain Revoc. Liv. Trust U/A 1/25/18, an entity of which Mr. Quain is the trustee.
F4	Shares owned directly by Industrial Manufacturing Institute, LLC, an entity of which Mr. Quain is the sole beneficial owner.
F5	Shares owned directly by Family Trust Partnership, LLC, an entity of which Mr. Quain is the sole beneficial owner.
F6	Award of Restricted Stock Units made in accordance with the Company's 2018 Incentive Plan, as amended, and in lieu of a quarterly cash board retainer fee in the amount of $21,750 for the first quarter of 2022. The number of Restricted Stock Units granted was determined using the closing sales price per share on February 15, 2022 (the middle of the first quarter) of $1.37.
F7	One hundred percent (100%) of the Restricted Stock Units are scheduled to vest on the one (1) year anniversary of August 11, 2022, subject to the reporting person continuing to be a service provider through such date.
F8	Award of Restricted Stock Units made in accordance with the Company's 2018 Incentive Plan, as amended, and in lieu of a quarterly cash board retainer fee in the amount of $20,981 for the second quarter of 2022. The number of Restricted Stock Units granted was determined using the closing sales price per share on May 13, 2022 (the last trading day prior to the middle of the second quarter) of $0.76.
F9	On August 15, 2021 the Reporting Person was granted 8,451 Restricted Stock Units. As to this grant, 100% of the Restricted Stock Units fully vested on August 15, 2022.