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SIGA TECHNOLOGIES INC — Director's Dealing 2015
Sep 3, 2015
32600_dirs_2015-09-03_89862c9c-c8dc-4e38-9cce-4f8308cf9af6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SIGA TECHNOLOGIES INC (SIGAQ)
CIK: 0001010086
Period of Report: 2015-09-01
Reporting Person: ROSE ERIC A MD (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-01 | Common Stock, par value $.0001 per share | S | 20000 | $1.32 | Disposed | 502897 | Direct |
| 2015-09-02 | Common Stock, par value $.0001 per share | M | 16667 | — | Acquired | 519564 | Direct |
| 2015-09-02 | Common Stock, par value $.0001 per share | M | 16667 | — | Acquired | 536231 | Direct |
| 2015-09-02 | Common Stock, par value $.0001 per share | M | 16666 | — | Acquired | 552897 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-02 | Restricted Stock Units | $ | M | 16667 | Disposed | Common Stock, par value $.0001 per share (16667) | Direct | |
| 2015-09-02 | Restricted Stock Units | $ | M | 16667 | Disposed | Common Stock, par value $.0001 per share (16667) | Direct | |
| 2015-09-02 | Restricted Stock Units | $ | M | 16666 | Disposed | Common Stock, par value $.0001 per share (16666) | Direct |
Footnotes
F1: The Reporting Person is obligated to fund certain tax withholding obligations of SIGA Technologies, Inc. (the "Issuer") arising from the expected receipt of shares of Common Stock of the Issuer by the Reporting Person in connection with the vesting of restricted stock units and the subsequent delivery of shares of Common Stock in connection therewith. This Form 4 reports the sale by the Reporting Person of 20,000 shares of Common Stock, which shares of Common Stock were sold to raise the funds required to satisfy such withholding tax obligations.
F2: Represents vesting and conversion of certain RSUs granted on February 28, 2012. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.
F3: Represents vesting and conversion of certain RSUs granted on January 3, 2013. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.
F4: Represents vesting and conversion of certain RSUs granted on January 3, 2014. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.