BAYER MICHAEL J 4
4 · SIGA TECHNOLOGIES INC · Filed Oct 18, 2018
Insider Transaction Report
Form 4
BAYER MICHAEL J
Director
Transactions
- Exercise/Conversion
Stock Option (Right to buy)
2018-10-16−25,000→ 0 totalExercise: $3.14Exp: 2018-10-30→ Common Stock, par value $.0001 per share (25,000 underlying) - Exercise/Conversion
Common Stock, par value $.0001 per share
2018-10-16$3.14/sh+25,000$78,500→ 134,500 total - Tax Payment
Common Stock, par value $.0001 per share
2018-10-16$5.32/sh−14,756$78,502→ 119,744 total
Footnotes (2)
- [F1]This Form 4 reports the exercise of options for 25,000 shares of common stock of SIGA Technologies, Inc. (the "Issuer") granted on October 30, 2008 and the related surrender to the Issuer of 14,756 shares of common stock of the Issuer by the Reporting Person in order to effect the option exercise. No shares of common stock of the Issuer were sold by the Reporting Person in a market transaction.
- [F2]The options vested immediately upon grant.