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SIGA TECHNOLOGIES INC — Director's Dealing 2019
Aug 2, 2019
32600_dirs_2019-08-02_d1804084-61a0-443b-9db8-5baf94fd34b0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2019-07-31
Reporting Person: Abrams Robin Elizabeth (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-31 | Common Stock, par value $.0001 per share | A | 26666 | — | Acquired | 34680 | Direct |
| 2019-07-31 | Common Stock, par value $.0001 per share | F | 12788 | $5.6 | Disposed | 21892 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-31 | Restricted Stock Units | $ | A | 53334 | Acquired | Common Stock, par value $.0001 per share (53334) | Direct |
Footnotes
F1: This Form 4 reports the grant to the Reporting Person of 26,666 shares of common stock of SIGA Technologies (the "Issuer") pursuant to the Issuer's 2010 Stock Incentive Plan and the related surrender to the Issuer of 12,788 of such shares to satisfy certain tax withholding obligations of the Issuer associated with such grant. No shares of common stock of the Issuer were sold by the Reporting Person in a market transaction.
F2: The RSUs vest in equal yearly installments over a period of two (2) years, with the first 1/2 of such RSUs vesting on July 31, 2020 and the remaining 1/2 of such RSUs vesting on July 31, 2021. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.