SIGA TECHNOLOGIES INC — Director's Dealing 2022

Jun 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2022-06-14

Reporting Person: Plansky Michael C. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-14	Common Stock, par value $.0001 per share	M	22831	—	Acquired	82831	Direct
2022-06-14	Common Stock, par value $.0001 per share	D	6849	$10.26	Disposed	75982	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-14	Restricted Stock Units	$	M	22831	Disposed		Common Stock, par value $.0001 per share (22831)	Direct
2022-06-14	Restricted Stock Units	$	A	14620	Acquired		Common Stock, par value $.0001 per share (14620)	Direct

Footnotes

F1: Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis.

F2: Reflects RSUs that were cash-settled, per the terms of the compensation program for Board Directors and as noted on the Form 4 filed on June 17, 2021. Partial cash-settlement of RSUs under the Board compensation program is designed to address tax obligations in connection with the vesting of RSUs.

F3: The RSUs were granted on June 15, 2021, and fully vested on the date of the Company's 2022 annual meeting of stockholders.

F4: RSUs represent contingent rights to receive common stock of the Company on a one-for-one basis, of which up to 4,386 RSUs are expected to settle in cash value thereof but may be settled in shares at the discretion of the board of directors.

F5: The RSUs fully vest on the date of the Company's 2023 annual meeting of stockholders.