SIGA TECHNOLOGIES INC — Director's Dealing 2017

Jun 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2017-06-08

Reporting Person: Hruby Dennis E (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-08	Stock Option (Right to buy)	$3.1	D	200000	Disposed	2017-07-26	Common Stock, par value $.0001 per share (200000)	Direct
2017-06-08	Restricted Stock Units	$	A	25000	Acquired		Common Stock, par value $.0001 per share (25000)	Direct

Footnotes

F1: Options to purchase up to 300,000 shares of common stock of SIGA Technologies, Inc. (the "Issuer") were granted to the reporting person pursuant to a Stock Option Agreement, dated July 26, 2007, of which options to purchase 200,000 of such shares have vested.

F2: The 200,000 vested options were cash settled by mutual agreement of the reporting person and the Issuer. The reporting person received $84,000 as consideration for the surrender and cancellation of the vested options.

F3: Each restricted stock unit ("RSU") converts into one share of common stock of the Issuer on a one for one basis.

F4: The RSUs vest upon the U.S. Food & Drug Administration's final approval of TPOXX for the treatment of orthopoxvirus infections.