Abrams Robin Elizabeth 4
4 · SIGA TECHNOLOGIES INC · Filed Aug 4, 2020
Insider Transaction Report
Form 4
Abrams Robin Elizabeth
General Counsel and CAO
Transactions
- Tax Payment
Common Stock, Par Value $.0001 Per Share
2020-07-31$6.42/sh−14,138$90,766→ 34,421 total - Exercise/Conversion
Restricted Stock Units
2020-07-31−26,667→ 26,667 total→ Common Stock, par value $.0001 per share (26,667 underlying) - Exercise/Conversion
Common Stock, Par Value $.0001 Per Share
2020-07-31+26,667→ 48,559 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 14,138 shares of Common Stock -- granted in the form of RSUs on July 31, 2019 -- in order to satisfy those withholding tax obligations.
- [F2]Represents vesting of certain RSUs granted on July 31, 2019 and the consequent issuance of Common Stock of the Issuer to the Reporting Person. The RSUs vest over two years, with the first 1/2 of such RSUs vesting on July 31, 2020 and the remaining 1/2 of such RSUs vesting on July 31, 2021. The shares of Common Stock reported in this Form 4 were issued in respect of the RSUs that vested on July 31, 2020. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.