NextTrip, Inc. — Director's Dealing 2018

Mar 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGMA LABS, INC. (SGLB)
CIK: 0000788611
Period of Report: 2018-02-26

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-26	Stock Option (right to buy)	$1.56	A	16000	Acquired	2027-02-25	Common Stock (16000)	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: 1,040 shares will vest and become exercisable on the one-year anniversary of the Grant Date; 2,400 shares will vest and become exercisable on the seccond-year anniversary of the Grant Date; 3,760 shares will vest and become exercisable on the third-year anniversary of the Grant Date; and 8,800 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.