Home/Filings/4/0001213900-19-006769
4//SEC Filing

Armstrong Stevan 4

Accession 0001213900-19-006769

CIK 0001023994other

Filed

Apr 18, 8:00 PM ET

Accepted

Apr 19, 3:35 PM ET

Size

8.6 KB

Accession

0001213900-19-006769

Insider Transaction Report

Form 4
Period: 2019-03-22
Armstrong Stevan
DirectorPresident, COO
Transactions
  • Award

    Common Stock

    2019-03-22+11,11115,432 total
  • Award

    Common Stock

    2019-03-22+4,3214,321 total
Holdings
  • Common Stock

    (indirect: By LLC)
    12,125
Footnotes (4)
  • [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 number of RSUs was determined using the closing price of the issuer's common stock on February 26, 2019.
  • [F2]The RSUs will vest in full on December 31, 2019, subject to the reporting person's continued service as an employee of the issuer through such date, and are deliverable January 1, 2020.
  • [F3]The RSUs will vest in three equal annual installments, beginning on December 31, 2020, subject to the reporting person's continued service as an employee of the issuer through such date, and will be delivered within 90 days of when the reporting person is no longer employed by the issuer.
  • [F4]Shares are held by SMA Development Group, LLC, an entity controlled by Mr. Armstrong. Mr. Armstrong specifically disclaims beneficial ownership of the shares of common stock held by SMA Development Group, LLC, except to the extent of his pecuniary interest therein, and this filing shall not be deemed to be an admission that Mr. Armstrong is the beneficial owner of such shares of common stock. The shares are presented to give effect to a 1-for-3 reverse stock split completed by the issuer in February 2017.

Issuer

SG BLOCKS, INC.

CIK 0001023994

Entity typeother

Related Parties

1
  • filerCIK 0001533029

Filing Metadata

Form type
4
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 3:35 PM ET
Size
8.6 KB