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Gomez Phillip Louis III 4

Accession 0001140361-18-043706

CIK 0001010086other

Filed

Nov 25, 7:00 PM ET

Accepted

Nov 26, 6:48 PM ET

Size

8.8 KB

Accession

0001140361-18-043706

Insider Transaction Report

Form 4
Period: 2018-11-22
Gomez Phillip Louis III
Chief Executive Officer
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2018-11-22588,236294,117 total
    Common Stock, par value $.0001 per share (588,236 underlying)
  • Tax Payment

    Common Stock, par value $.0001 per share

    2018-11-22$5.55/sh287,543$1,595,864315,693 total
  • Exercise/Conversion

    Common Stock, par value $.0001 per share

    2018-11-22+588,236603,236 total
Footnotes (2)
  • [F1]SIGA Technologies, Inc. (the "Issuer") has certain tax withholding obligations associated with the vesting of restricted stock units ("RSUs") and the consequent issuance of Common Stock of the Issuer. This Form 4 reports the surrender to the Issuer by the Reporting Person of 287,543 shares of Common Stock -- granted in the form of RSUs on November 22, 2016 -- in order to satisfy those withholding tax obligations.
  • [F2]Represents vesting of certain RSUs granted on November 22, 2016 and the consequent issuance of Common Stock of the Issuer to the Reporting Person. The RSUs vest over three years, one-third on each of the first three anniversaries of the date of grant. The shares of Common Stock reported in this Form 4 were issued in respect of RSUs that vested on November 22, 2017 and November 22, 2018. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.

Issuer

SIGA TECHNOLOGIES INC

CIK 0001010086

Entity typeother

Related Parties

1
  • filerCIK 0001687946

Filing Metadata

Form type
4
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 6:48 PM ET
Size
8.8 KB