Beckett Darren 4
4 · SIGMA LABS, INC. · Filed Jun 17, 2020
Insider Transaction Report
Form 4
SIGMA LABS, INC.SGLB
Transactions
- Award
Stock Option (right to buy)
2020-06-15+46,661→ 46,661 totalExercise: $2.50Exp: 2025-05-27→ Common Stock (46,661 underlying)
Footnotes (2)
- [F1]The option grant was previously approved by a committee of the Issuer's Board of Directors, subject to stockholder approval of an amendment to the Issuer's equity incentive plan under which the option was granted. The Issuer's stockholders approved the amendment on June 15, 2020.
- [F2]The stock option vests as follows: (i) 25% of the shares underlying the option vested on June 15, 2020, and (ii) the balance of the shares underlying the option will vest in equal (as closely as possible) monthly installments over three years from June 15, 2020, subject, in each case, to the Reporting Person being in the continous employ of the Issuer on the applicable vesting date.