SG BLOCKS, INC. 4
4 · SG BLOCKS, INC. · Filed Jun 23, 2017
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX
McAvoy Sean M
Director
Transactions
- Other
Stock Option (right to buy)
2016-12-28−16,667→ 0 totalExercise: $3.00Exp: 2016-10-31→ Common Stock (16,667 underlying)
Footnotes (4)
- [F1]The exercise price and number of underlying shares of common stock reported herein reflect a 3-for-1 reverse stock split of the issuer's common stock and preferred stock effected on February 28, 2017.
- [F2]The Reporting Person assigned the options to Hillair Capital Investments LP, a Cayman Islands limited partnership, an affiliate of the Reporting Person.
- [F3]The options vest, subject to the Reporting Person's continued role as director, as to 25% of the underlying shares on the last day of each fiscal quarter following the date of grant until the options are 100% vested.
- [F4]The options were granted under the issuer's stock incentive plan and without payment of consideration in connection with the reporting person's service as a director.