John W. Sayward - Aug 11, 2022 Form 4 Insider Report for STAR EQUITY HOLDINGS, INC. (STRR)

Role
Director
Signature
/s/ Hannah Bible, as Attorney-in-Fact
Stock symbol
STRR
Transactions as of
Aug 11, 2022
Transactions value $
$0
Form type
4
Date filed
8/15/2022, 08:15 PM
Previous filing
May 16, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRR Common Stock Options Exercise +6.85K +13.8% 56.5K Aug 15, 2022 Direct F1, F2

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 +13.1K 13.1K Aug 11, 2022 Common Stock 13.1K Direct F1, F3, F4
transaction STRR Restricted Stock Unit Award +23.7K 23.7K Aug 11, 2022 Common Stock 23.7K Direct F1, F4, F5
transaction STRR Restricted Stock Unit Options Exercise +6.85K 0 Aug 15, 2022 Common Stock 6.85K Direct F1, F2, F6
* 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 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 $18,000 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.
F4 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.
F5 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 $18,000 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.
F6 On August 15, 2021 the Reporting Person was granted 6,845 Restricted Stock Units. As to this grant, 100% of the Restricted Stock Units fully vested on August 15, 2022.