SG BLOCKS, INC. 4
4 · SG BLOCKS, INC. · Filed Nov 3, 2016
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX***
McAvoy Sean M
Director
Transactions
- Award
Stock Options (right to buy)
2016-11-01+50,000→ 50,000 totalExercise: $1.00Exp: 2026-10-31→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]The options are exercisable at the greater of $1.00 and fair market value, which will be determined within 90 days of the date of grant.
- [F2]The options were issued pursuant to the Issuer's Stock Option Plan.
- [F3]The options vest, subject to the Reporting Person's continued role as a director, in equal installments of 12,500 underlying shares of common stock on the last day of each fiscal quarter following the date of grant until the options are 100% vested.