Armstrong Stevan 4
4 · SG BLOCKS, INC. · Filed Apr 16, 2020
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX
Armstrong Stevan
DirectorPresident, COO
Transactions
- Award
Common Stock
2020-04-15+1,000→ 1,772 total
Holdings
- 606(indirect: By LLC)
Common Stock
Footnotes (3)
- [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 one year anniversary of the grant date, subject to the reporting person's continued service as an officer/director of the issuer through such date.
- [F2]This amount reflects a 20-for-1 stock split that was effected on February 5, 2020.
- [F3]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.