SIGA TECHNOLOGIES INC — Director's Dealing 2019

Nov 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2019-11-22

Reporting Person: ROSE ERIC A MD (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-22	Common Stock, par value $.0001 per share	M	100000	—	Acquired	1093094	Direct
2019-11-22	Common Stock, par value $.0001 per share	F	54501	$4.92	Disposed	1038593	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-22	Restricted Stock Units	$	M	100000	Disposed		Common Stock, par value $.0001 per share (100000)	Direct

Footnotes

F1: SIGA Technologies, Inc. (the "Issuer") has certain tax withholding obligations associated with the vesting of restricted stock units ("RSUs") and the consequent issuance of Common Stock of the Issuer. This Form 4 reports the surrender to the Issuer by the Reporting Person of 54,501 shares of Common Stock -- granted in the form of RSUs on November 22, 2016 -- in order to satisfy those withholding tax obligations.

F2: Represents vesting of certain RSUs granted on November 22, 2016 and the consequent issuance of common stock of the Issuer to the Reporting Person. The RSUs vest over three years, one-third on each of the first three anniversaries of the date of grant. The shares of common stock reported in this Form 4 were issued in respect of RSUs that vested on November 22, 2019. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.