Filing Details

Accession Number:
0000921895-16-005553
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-19 18:52:04
Reporting Period:
2016-08-17
Filing Date:
2016-08-19
Accepted Time:
2016-08-19 18:52:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
707388 Digirad Corp DRAD Electromedical & Electrotherapeutic Apparatus (3845) 330145723
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1548312 E. Jeffrey Eberwein 1048 Industrial Court
Suwanee GA 30024
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-08-17 5,440 $5.00 56,212 No 4 P Indirect By: Separately Managed Account I
Common Stock Acquisiton 2016-08-17 4,560 $5.00 988,326 No 4 P Indirect By: Lone Star Value Investors, LP
Common Stock Acquisiton 2016-08-18 4,614 $5.01 60,826 No 4 P Indirect By: Separately Managed Account I
Common Stock Acquisiton 2016-08-18 3,868 $5.01 992,194 No 4 P Indirect By: Lone Star Value Investors, LP
Common Stock Acquisiton 2016-08-19 5,440 $5.00 66,266 No 4 P Indirect By: Separately Managed Account I
Common Stock Acquisiton 2016-08-19 4,560 $5.00 996,754 No 4 P Indirect By: Lone Star Value Investors, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By: Separately Managed Account I
No 4 P Indirect By: Lone Star Value Investors, LP
No 4 P Indirect By: Separately Managed Account I
No 4 P Indirect By: Lone Star Value Investors, LP
No 4 P Indirect By: Separately Managed Account I
No 4 P Indirect By: Lone Star Value Investors, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 12,500 Direct
Common Stock 100,000 Indirect By: Lone Star Value Co-Invest I, LP
Footnotes
  1. The purchase of the shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by Lone Star Value Management, LLC ("Lone Star Value Management") on behalf of Lone Star Value Investors, LP ("Lone Star Value Investors") and a certain managed account on March 9, 2016.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.99 to $5.01, inclusive. Mr. Eberwein undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased.
  3. Shares held in an account separately managed by Lone Star Value Management (the "Separately Managed Account I"). Lone Star Value Management, as the investment manager of the Separately Managed Account I, may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I; and Mr. Eberwein, as the sole member of Lone Star Value Management may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  4. Shares owned directly by Lone Star Value Investors. Lone Star Value Investors GP, LLC ("Lone Star Value GP"), as the general partner of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Lone Star Value Management, as the investment manager of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Mr. Eberwein, as the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.005 to $5.01, inclusive. Mr. Eberwein undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased.
  6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.98 to $5.01, inclusive. Mr. Eberwein undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased.
  7. Represents shares previously reported as directly beneficially owned by Mr. Eberwein but were transferred to Co-Invest I, an entity of which Mr. Eberwein is the sole investor and sole owner, on July 18, 2016. Lone Star Value GP, as the general partner of Co-Invest I, may be deemed the beneficial owner of the securities owned by Co-Invest I. Lone Star Value Management, as the investment manager of Co-Invest I, may be deemed the beneficial owner of the securities owned by Co-Invest I. Mr. Eberwein, as the sole investor and sole owner of Co-Invest I, the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities owned by Co-Invest I. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.