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| DRAD > SEC Filings for DRAD > Form 8-K on 7-Aug-2012 | All Recent SEC Filings |
7-Aug-2012
Other Events, Financial Statements and Exhibits
On August 6, 2012, Jeffrey E. Eberwein and Charles M. Gillman, members of the Board of Directors of Digirad Corporation, or the Company, have each entered into written trading plans pursuant to the guidance specified by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Messrs. Eberwein's and Gillman's trading plans are designed to allow each to satisfy the recently implemented non-employee director stock ownership requirements, which were established on June 29, 2012.
Under Messrs. Eberwein's and Gillman's trading plans, a broker-dealer is authorized to purchase up to a specified number of shares of the Company's common stock, par value $0.0001 per share, pursuant to the terms and conditions of the trading plans, including minimum purchase price thresholds, unless the plan is terminated earlier pursuant to its terms. The transactions under this plan are expected to occur between August 17, 2012 and August 6, 2013.
All purchases under Messrs. Eberwein's and Gillman's trading plans will be disclosed publicly as required through Form 4 filings with the Securities and Exchange Commission. Other Company directors and executives may also from time to time adopt 10b5-1 plans.
(d) Exhibits.
None.
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