NextTrip, Inc. — Director's Dealing 2017

Oct 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGMA LABS, INC. (SGLB)
CIK: 0000788611
Period of Report: 2017-09-28

Reporting Person: Toups Nannette (CFO, PFO and PAO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-28	Stock Option (right to buy)	$1.91	A	2500	Acquired	2022-09-27	Common Stock (2500)	Direct
2017-09-28	Stock Option (right to buy)	$1.91	A	47500	Acquired	2022-09-27	Common Stock (47500)	Direct

Footnotes

F1: The stock option will vest in four annual installments over four years from the date of grant (the "Grant Date"), as follows: 3,065 shares will vest and become exercisable on the one-year anniversary of the Grant Date; 7,125 shares will vest and become exercisable on the second-year anniversary of the Grant Date; 11,185 shares will vest and become exercisable on the third-year anniversary of the Grant Date; and 26,125 shares will vest and become exercisable on the fourth-year anniversary of the Grant Date, provided, in each case, that the Reporting Person remains an employee of the Issuer through such vesting date.