Star Equity (STRR) Form 3 DIGIRAD / Michael DeBeauvernet ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

DeBeauvernet Michael

(Last) (First) (Middle)

1048 INDUSTRIAL COURT

(Street)

SUWANEE GA 30024

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/26/2018

3. Issuer Name and Ticker or Trading Symbol
DIGIRAD CORP [ DRAD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
General Manager,Mobile Imaging

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	5,530	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	(1)	02/01/2026	Common Stock	9,270	5.12	D
Restricted Stock Unit	(2)	(2)	Common Stock	3,333	(3)	D
Restricted Stock Unit	(4)	(4)	Common Stock	3,438	(3)	D
Restricted Stock Unit	(5)	(5)	Common Stock	2,293	(3)	D
Restricted Stock Unit	(6)	(6)	Common Stock	7,302	(3)	D

Explanation of Responses:

1. The reporting person was granted these Stock Options on February 1, 2016. 25% of the options vested on February 1, 2017 and the remaining options are scheduled to vest as to 25% of the options on each of February 1, 2018, February 1, 2019 and February 1, 2020, subject to the reporting person continuing to provide service through each such date.

2. Reflects the remaining unvested portion of a grant of Restricted Stock Units on January 1, 2016. Such remaining Restricted Stock Units are scheduled to vest on January 1, 2019, subject to the reporting person continuing to provide service through such date.

3. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.

4. Reflects the remaining unvested portion of a grant of Restricted Stock Units on February 1, 2016. One-third of such remaining Restricted Stock Units are scheduled to vest on each of February 1, 2018, February 1, 2019 and February 1, 2020, subject to the reporting person continuing to provide service through each such date.

5. Reflects the remaining unvested portion of a grant of Restricted Stock Units on February 1, 2016. One-half of such remaining Restricted Stock Units are scheduled to vest on each of February 1, 2019 and February 1, 2020, with vesting of 100% of each such Restricted Stock Unit tranche to be further subject to the satisfaction of certain performance criteria to be determined and approved by the Compensation Commmittee with respect to each such period.

6. The reporting person was granted these Restricted Stock Units on February 28, 2017. These Restricted Stock Units are scheduled to vest as to 25% of the units on each of February 28, 2018, February 28, 2019, February 28, 2020 and February 28, 2021, subject to the reporting person continuing to provide service through each such date.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Jeffry R. Keyes, as Attorney-in-fact	02/05/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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