JOHN W. GILDEA - 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, 20:18:59 UTC
Previous filing: 24 Jan 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		+4,615	+10%		49,115	15 Aug 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		+14,964			14,964	11 Aug 2022	Common Stock	14,964		Direct	F1, F3, F4
transaction	STRR	Restricted Stock Unit	Award		+28,004			28,004	11 Aug 2022	Common Stock	28,004		Direct	F1, F4, F5
transaction	STRR	Restricted Stock Unit	Options Exercise		+4,615			0	15 Aug 2022	Common Stock	4,615		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 $20,500 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 $21,283 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 4,615 Restricted Stock Units. As to this grant, 100% of the Restricted Stock Units fully vested on August 15, 2022.