NextTrip, Inc. — Director's Dealing 2022

Feb 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGMA LABS, INC. (SGLB)
CIK: 0000788611
Period of Report: 2022-02-16

Reporting Person: Brunsberg Jacob (President and COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-16	Stock Option (right to buy)	$2.50	A	70000	Acquired	2027-02-16	Common Stock (70000)	Direct
2022-02-16	Stock Appreciation Right	$2.50	A	30000	Acquired	2027-02-16	Common Stock (30000)	Direct

Footnotes

F1: The stock option will vest and become exercisable in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.

F2: The stock appreciation right ("SAR") is payable in cash only, and will vest and become exercisable in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.