SG BLOCKS, INC. 4
4 · SG BLOCKS, INC. · Filed Mar 14, 2017
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX*
Shetty Mahesh S
DirectorCFO
Transactions
- Award
Stock Option (right to buy)
2017-03-10+79,468→ 79,468 totalExp: 2027-03-10→ Common Stock (79,468 underlying) - Award
Stock Option (right to buy)
2017-03-10+52,978→ 52,978 totalExp: 2027-03-10→ Common Stock (52,978 underlying)
Footnotes (4)
- [F1]The options, issued under the issuer's stock incentive plan, will have an exercise price equal to the price per share at which the public purchases shares of common stock in the offering pursuant to which a registration statement on Form S-1 was filed with the Securities and Exchange Commission on February 6, 2017.
- [F2]The options, issued under the issuer's stock incentive plan, will have an exercise price equal to 120% of the price per share at which the public purchases shares of common stock in the offering pursuant to which a registration statement on Form S-1 was filed with the Securities and Exchange Commission on February 6, 2017.
- [F3]The options will vest and become exercisable in three tranches, with 1/3 of each option vesting upon the achievement of any one of three performance targets, as specified in the stock option agreement.
- [F4]The options were granted under the issuer's stock incentive plan and without payment of consideration in connection with the reporting person's employment with the issuer.