SIGA TECHNOLOGIES INC — Director's Dealing 2024

Mar 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2024-03-25

Reporting Person: Miller Larry R. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-25	Common Stock, par value $.0001 per share	A	49940	—	Acquired	49940	Direct
2024-03-25	Common Stock, par value $.0001 per share	F	19040	$8.35	Disposed	30900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-25	Stock Option (Right to buy)	$8.35	A	61347	Acquired	2034-03-25	Common Stock, par value $.0001 per share (61347)	Direct
2024-03-25	Stock Option (Right to buy)	$8.35	A	25504	Acquired	2034-03-25	Common Stock, par value $.0001 per share (25504)	Direct
2024-03-25	Restricted Stock Units	$	A	20761	Acquired		Common Stock, par value $.0001 per share (20761)	Direct
2024-03-25	Performance Stock Units	$	A	20761	Acquired		Common Stock, par value $.0001 per share (20761)	Direct

Footnotes

F1: Represents the withholding by SIGA Technologies, Inc. of shares of Common Stock (based on $8.35 per share, the closing stock price on March 25, 2024) to satisfy tax withholding obligations associated with the grant of Common Stock reported herein that immediately vested upon grant.

F2: The options vest over two years, one-half on each of the first two anniversaries of the date of grant.

F3: The options vest over three years, one-third on each of the first three anniversaries of the date of grant.

F4: Restricted stock units ("RSUs") represent contingent rights to receive Common Stock on a one-for-one basis. The RSUs vest over three years, one-third on each of the first three anniversaries of the date of grant.

F5: Performance stock units ("PSUs") represent contingent rights to receive Common Stock on a one-for-one basis. These PSUs vest as follows: (a) one-third of these PSUs vest if, during any period of 90 consecutive trading days during the three-year period beginning on the grant date (the "Performance Period"), the Issuer's Common Stock closing stock price (plus the per share value of any dividends declared during the measurement date) (the "Stock Price") is at or above $7.00, (b) one-third of these PSUs vest, if during any period of 90 consecutive trading days during the Performance Period, the Stock Price is at or above $8.00, and (c) one-third of these PSUs vest, if during any 90 consecutive trading days during the Performance Period, the Stock Price is at or above $9.00.