SIGA TECHNOLOGIES INC — Director's Dealing 2004

Oct 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2004-07-29

Reporting Person: Odden John (VP - Business Development)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-07-29	Employee Stock Option (right to buy)	$1.40	A	200000	Acquired	2014-07-29	Common Stock (200000)	Direct

Footnotes

F1: 50,000 shares vested on July 29, 2004; with the remainder vesting as follows: 50,000 shares on July 29, 2005, 50,000 shares
on July 29, 2006, and 50,000 shares on July 29, 2007.