Surender Mohan Gupta - Jan 5, 2024 Form 4 Insider Report for Startek, Inc. (SRT)

Role: Global Chief People Officer
Signature: /s/ Teri Scott, as attorney-in-fact
Stock symbol: SRT
Transactions as of: Jan 5, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/5/2024, 02:49 PM
Previous filing: Oct 15, 2021
SEC: View on sec.gov

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	SRT	Stock Options	Disposed to Issuer		-75K	-100%		0	Jan 5, 2024	Common Stock	75K	$5.75	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Surender Mohan Gupta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	These stock options granted October 14, 2021, which were originally scheduled to vest in equal amounts on a quarterly basis over three (3) years, became fully vested and were cancelled pursuant to the Agreement and Plan of Merger, dated as of October 10, 2023, by and among the Issuer, Stockholm Parent, LLC, a Delaware limited liability company, and Stockholm Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, at the effective time of the merger, in exchange for no consideration.

Content

These stock options granted October 14, 2021, which were originally scheduled to vest in equal amounts on a quarterly basis over three (3) years, became fully vested and were cancelled pursuant to the Agreement and Plan of Merger, dated as of October 10, 2023, by and among the Issuer, Stockholm Parent, LLC, a Delaware limited liability company, and Stockholm Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, at the effective time of the merger, in exchange for no consideration.