Form 4 for SIGA SIGA TECHNOLOGIES INC
Accepted 2024-03-27 00:00:00 ET · period of report 2024-03-25 · accession 0000950172-24-000112 · 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 | 2024-03-27 | 2024-03-25 | SIGA | Miller Larry R. | GC | A - Grant | $0.00 | +49.9K | 49.9K | New | $0 |
| D | 2024-03-27 | 2024-03-25 | SIGA | Miller Larry R. | GC | F - Tax | $8.35 | -19.0K | 30.9K | -38% | -$159.0K |
| DM | 2024-03-27 | 2024-03-25 | SIGA | Miller Larry R. | GC | A - Grant | $0.00 | +128.4K | 20.8K | New | $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 | 2024-03-25 | A | A | 49,940 | $0.00 | 49,940 | D | — | — | |
| 2 | Common | Common Stock, par value $.0001 per share | 2024-03-25 | F | D | 19,040 | $8.35 | 30,900 | D | — | — | (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. |
| 3 | Derivative | Performance Stock Units | 2024-03-25 | A | A | 20,761 | $0.00 | 20,761 | D | — · — to — | 20,761 Common Stock, par value $.0001 per share | (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. |
| 4 | Derivative | Stock Option (Right to buy) | 2024-03-25 | A | A | 61,347 | $0.00 | 61,347 | D | $8.35 · — to 2034-03-25 | 61,347 Common Stock, par value $.0001 per share | (F2) The options vest over two years, one-half on each of the first two anniversaries of the date of grant. |
| 5 | Derivative | Stock Option (Right to buy) | 2024-03-25 | A | A | 25,504 | $0.00 | 25,504 | D | $8.35 · — to 2034-03-25 | 25,504 Common Stock, par value $.0001 per share | (F3) The options vest over three years, one-third on each of the first three anniversaries of the date of grant. |
| 6 | Derivative | Restricted Stock Units | 2024-03-25 | A | A | 20,761 | $0.00 | 20,761 | D | — · — to — | 20,761 Common Stock, par value $.0001 per share | (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. |