SIGA TECHNOLOGIES INC — Director's Dealing 2020

Aug 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2020-07-31

Reporting Person: Luckshire Daniel J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-31	Common Stock, Par Value $.0001 Per Share	M	26667	—	Acquired	251610	Direct
2020-07-31	Common Stock, Par Value $.0001 Per Share	F	13005	$6.42	Disposed	238605	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-31	Restricted Stock Units	$	M	26667	Disposed		Common Stock, par value $.0001 per share (26667)	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 13,005 shares of Common Stock -- granted in the form of RSUs on July 31, 2019 -- in order to satisfy those withholding tax obligations.

F2: Represents vesting of certain RSUs granted on July 31, 2019 and the consequent issuance of Common Stock of the Issuer to the Reporting Person. The RSUs vest over two 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. The shares of Common Stock reported in this Form 4 were issued in respect of the RSUs that vested on July 31, 2020. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.