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SIGA TECHNOLOGIES INC — Director's Dealing 2024
Jun 13, 2024
32600_dirs_2024-06-13_9130452b-6ccd-4e44-9243-9f3cd21ec8a5.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: 2024-06-11
Reporting Person: Varma Jay (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-11 | Common Stock, par value $.0001 per share | M | 24712 | — | Acquired | 24712 | Direct |
| 2024-06-11 | Common Stock, par value $.0001 per share | D | 7414 | $7.86 | Disposed | 17298 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-11 | Restricted Stock Units | $ | M | 24712 | Disposed | Common Stock, par value $.0001 per share (24712) | 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 15, 2023. 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 13, 2023, and fully vested on the date of the Company's 2024 annual meeting of stockholders.