Varma Jay 4
4 · SIGA TECHNOLOGIES INC · Filed Jun 13, 2024
Insider Transaction Report
Form 4
Varma Jay
Director
Transactions
- Exercise/Conversion
Common Stock, par value $.0001 per share
2024-06-11+24,712→ 24,712 total - Disposition to Issuer
Common Stock, par value $.0001 per share
2024-06-11$7.86/sh−7,414$58,274→ 17,298 total - Exercise/Conversion
Restricted Stock Units
2024-06-11−24,712→ 0 total→ Common Stock, par value $.0001 per share (24,712 underlying)
Footnotes (3)
- [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.