SIGA TECHNOLOGIES INC — Director's Dealing 2004

Aug 31, 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: Hruby Dennis E (Chief Scientific Officer)

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	150000	Acquired	2014-07-29	Common Stock (150000)	Direct

Footnotes

F1: The shares will vest in two equal installments of 75,000 each on December 31 of 2005 and 2006.