Form 4 for SIGA SIGA TECHNOLOGIES INC
Accepted 2025-04-21 00:00:00 ET · period of report 2025-04-18 · accession 0000950170-25-056371 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-21 | 2025-04-18 | SIGA | Miller Larry R. | GC | F - Tax | $5.99 | -3,532 | 38.4K | -8% | -$21.2K |
| D | 2025-04-21 | 2025-04-18 | SIGA | Miller Larry R. | GC | M - OptEx | $0.00 | +6,920 | 42.0K | +20% | $0 |
| D | 2025-04-21 | 2025-04-18 | SIGA | Miller Larry R. | GC | D - Sale to Iss | $0.00 | -13.8K | 0 | -100% | $0 |
| D | 2025-04-21 | 2025-04-18 | SIGA | Miller Larry R. | GC | A - Grant | $0.00 | +13.8K | 13.8K | New | $0 |
| D | 2025-04-21 | 2025-04-18 | SIGA | Miller Larry R. | GC | M - OptEx | $0.00 | +6,920 | 13.8K | +100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $.0001 per share | 2025-04-18 | F | D | 3,532 | $5.99 | 38,444 | D | — | — | (F2) Represents the withholding by SIGA Technologies, Inc. of shares of Common Stock (based on $5.99 per share, the closing stock price on April 17, 2025) to satisfy tax withholding obligations associated with the vesting of PSUs and the consequent issuance of Common Stock. |
| 2 | Common | Common Stock, par value $.0001 per share | 2025-04-18 | M | A | 6,920 | $0.00 | 41,976 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2025-04-18 | D | D | 13,841 | $0.00 | 0 | D | — · — to — | 13,841 Common Stock, par value $.0001 per share | (F3) PSUs represent contingent rights to receive Common Stock on a one-for-one basis. (F1) On April 18, 2025, the Issuer's Board of Directors approved an amendment of the outstanding performance stock units ("PSUs") previously granted to the reporting person on March 25, 2024, to account for the Issuer's payment of a special cash dividend of $0.60 per share in April 2024 that would have applied to such PSUs based on the reporting person's actual period of service with the Issuer. As modified, the relevant stock price hurdles for these PSUs were each lowered by $0.60 such that (a) 6,920 PSUs vested immediately, (b) 6,920 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 $7.40, and (c) 6,921 PSUs vest, if during any 90 consecutive trading days during the Performance Period, the Stock Price is at or above $8.40. |
| 4 | Derivative | Performance Stock Units | 2025-04-18 | A | A | 13,841 | $0.00 | 13,841 | D | — · — to — | 13,841 Common Stock, par value $.0001 per share | (F3) PSUs represent contingent rights to receive Common Stock on a one-for-one basis. (F1) On April 18, 2025, the Issuer's Board of Directors approved an amendment of the outstanding performance stock units ("PSUs") previously granted to the reporting person on March 25, 2024, to account for the Issuer's payment of a special cash dividend of $0.60 per share in April 2024 that would have applied to such PSUs based on the reporting person's actual period of service with the Issuer. As modified, the relevant stock price hurdles for these PSUs were each lowered by $0.60 such that (a) 6,920 PSUs vested immediately, (b) 6,920 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 $7.40, and (c) 6,921 PSUs vest, if during any 90 consecutive trading days during the Performance Period, the Stock Price is at or above $8.40. |
| 5 | Derivative | Performance Stock Units | 2025-04-18 | M | A | 6,920 | $0.00 | 13,841 | D | — · — to — | 6,920 Common Stock, par value $.0001 per share | (F3) PSUs represent contingent rights to receive Common Stock on a one-for-one basis. (F1) On April 18, 2025, the Issuer's Board of Directors approved an amendment of the outstanding performance stock units ("PSUs") previously granted to the reporting person on March 25, 2024, to account for the Issuer's payment of a special cash dividend of $0.60 per share in April 2024 that would have applied to such PSUs based on the reporting person's actual period of service with the Issuer. As modified, the relevant stock price hurdles for these PSUs were each lowered by $0.60 such that (a) 6,920 PSUs vested immediately, (b) 6,920 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 $7.40, and (c) 6,921 PSUs vest, if during any 90 consecutive trading days during the Performance Period, the Stock Price is at or above $8.40. |