SIGA TECHNOLOGIES INC — Director's Dealing 2003

Nov 26, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2003-10-27

Reporting Person: BURGESS SUSAN K (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-21	common stock, $.0001 par value per share	G	5000	—	Disposed	435783	Direct
2003-10-21	common stock, $.0001 par value per share	G	5000	—	Acquired	5000	Indirect
2003-10-21	common stock, $.0001 par value per share	G	5000	—	Disposed	430783	Direct
2003-10-21	common stock, $.0001 par value per share	G	5000	—	Disposed	425783	Direct
2003-10-27	common stock, $.0001 par value per share	S	13000	$2.3074	Disposed	412783	Direct
2003-11-25	common stock, $.0001 par value per share	S	8500	$1.8023	Disposed	404283	Direct
2003-11-26	common stock, $.0001 par value per share	S	1500	$1.8000	Disposed	402783	Direct

Footnotes

F1: Gift to the reporting person's daughter who shares the reporting person's household. The reporting person disclaims beneficial ownership of shares common stock, $.0001 par value per share, of SIGA ("Common Stock") held by her daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of her daughter's shares of Common Stock for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F2: Since the nature of the disposition is a gift, the price is omitted.

F3: Includes 125,000 shares of Common Stock issuable upon exercise of options.