4//SEC Filing
McAvoy Sean M 4
Accession 0001213900-18-009868
CIK 0001023994other
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 5:12 PM ET
Size
6.8 KB
Accession
0001213900-18-009868
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX
McAvoy Sean M
Director
Transactions
- Award
Common Stock
2018-07-26+5,591→ 5,591 total
Holdings
- 622,726(indirect: Hillair Capital Investments L.P.)
Common Stock
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs") under the SG Blocks, Inc. Stock Incentive Plan. Each RSU represents the right to receive, upon vesting, one share of the issuer's common stock, par value $0.01. The RSUs will vest in full on the earlier of (i) July 26, 2019 and (ii) the date of the 2019 annual meeting of stockholders, subject to the reporting person's continued service as a director of the issuer through such date, and are payable six months after the termination of the reporting person from the issuer's board of directors or death or disability. The number of RSUs was determined by dividing $30,000 by the average closing price of the issuer's common stock as listed on the Nasdaq Capital Market for the ten trading days immediately preceding and including the RSU grant date (rounded down to the nearest number of whole shares).
- [F2]Held by Hillair Capital Investments L.P. Due to his position with Hillair Capital Investments L.P. and other related Hillair entities, Mr. McAvoy may be deemed to be a beneficial owner of common stock held by Hillair Capital Investments L.P. Mr. McAvoy disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.
Documents
Issuer
SG BLOCKS, INC.
CIK 0001023994
Entity typeother
Related Parties
1- filerCIK 0001642615
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 5:12 PM ET
- Size
- 6.8 KB