SIGA TECHNOLOGIES INC — Director's Dealing 2015

Jun 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGAQ)
CIK: 0001010086
Period of Report: 2015-06-22

Reporting Person: ROSE ERIC A MD (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-22	Common Stock, par value $.0001 per share	S	4800	$1.46	Disposed	493097	Direct
2015-06-22	Common Stock, par value $.0001 per share	S	7400	$1.45	Disposed	485697	Direct
2015-06-22	Common Stock, par value $.0001 per share	S	12800	$1.41	Disposed	472897	Direct
2015-06-24	Common Stock, par value $.0001 per share	M	16667	—	Acquired	489564	Direct
2015-06-24	Common Stock, par value $.0001 per share	M	16667	—	Acquired	506231	Direct
2015-06-24	Common Stock, par value $.0001 per share	M	16666	—	Acquired	522897	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-24	Restricted Stock Units	$	M	16667	Acquired		Common Stock, par value $.0001 per share (16667)	Direct
2015-06-24	Restricted Stock Units	$	M	16667	Acquired		Common Stock, par value $.0001 per share (16667)	Direct
2015-06-24	Restricted Stock Units	$	M	16666	Acquired		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 25,000 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.