4//SEC Filing
Orzechowski Frank 4
Accession 0001493152-22-018724
CIK 0000788611other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 7:01 PM ET
Size
10.4 KB
Accession
0001493152-22-018724
Insider Transaction Report
Form 4
SIGMA LABS, INC.SASI
Orzechowski Frank
CFO, PFO and PAO
Transactions
- Award
Stock Option (right to buy)
2022-07-01+52,170→ 52,170 totalExercise: $2.50Exp: 2027-07-01→ Common Stock (52,170 underlying) - Award
Stock Appreciation Right
2022-07-01+69,470→ 69,470 totalExercise: $2.50Exp: 2027-07-01→ Common Stock (69,470 underlying) - Award
Stock Appreciation Right
2022-07-01+97,038→ 97,038 totalExercise: $1.30Exp: 2027-07-01→ Common Stock (97,038 underlying)
Footnotes (3)
- [F1]The stock option vests, as follows: (i) 13,043 shares subject to the option vested on the date of grant, and (ii) the remaining 39,127 shares will vest in equal (as nearly as possible) monthly installments over the succeeding 36 months, subject, in each case, to the Reporting Person remaining an employee of the Issuer on the applicable vesting date.
- [F2]The stock appreciation right ("SAR") is payable in cash only, and vests on March 15, 2025, subject to the Reporting Person being in the continuous employ of the Issuer on the vesting date.
- [F3]The SAR is payable in cash only and vests as follows: (i) 25% of the SAR vested on the date of grant, and (ii) the balance of the SAR will vest in equal (as nearly as possible) monthly installments over the succeeding 36 months, subject, in each case, to the Reporting Person remaining an employee of the Issuer on the applicable vesting date.
Documents
Issuer
SIGMA LABS, INC.
CIK 0000788611
Entity typeother
Related Parties
1- filerCIK 0001781860
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 7:01 PM ET
- Size
- 10.4 KB