RUPORT MARK 4
4 · SIGMA LABS, INC. · Filed Jul 6, 2022
Insider Transaction Report
Form 4
SIGMA LABS, INC.SASI
RUPORT MARK
DirectorExecutive Chairman
Transactions
- Award
Stock Option (right to buy)
2022-07-01+19,243→ 19,243 totalExercise: $2.50Exp: 2027-07-01→ Common Stock (19,243 underlying) - Award
Stock Appreciation Right
2022-07-01+25,117→ 25,117 totalExercise: $2.50Exp: 2027-07-01→ Common Stock (25,117 underlying)
Footnotes (2)
- [F1]The stock option vests, as follows: (i) 4,811 shares subject to the option vested on the date of grant, and (ii) the remaining 14,432 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 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.