Coleman Margaret 4
4 · SG BLOCKS, INC. · Filed Nov 13, 2020
Insider Transaction Report
Form 4
SG BLOCKS, INC.SGBX
Coleman Margaret
Director
Transactions
- Award
Common Stock
2020-11-11+20,920→ 20,920 total
Footnotes (1)
- [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 50% immediately and 50% on the one year anniversary of the grant date, subject to the reporting person's continued service as a director of the issuer through such date. The number of RSUs was determined by dividing $50,000 by $2.39, the closing sale price of the issuer's shares of common stock on the Nasdaq Capital Market on the grant date.