Yaniv Blumenfeld - 01 Oct 2021 Form 4 Insider Report for SG BLOCKS, INC. (SGBX)

Role
Director
Signature
/s/ Gerald Sheeran, Attorney-in-Fact
Issuer symbol
SGBX
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
4
Filing time
04 Oct 2021, 17:07:35 UTC
Next filing
22 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGBX Common Stock Award $0 +11,834 +58% $0.000000 32,181 01 Oct 2021 Direct F1
transaction SGBX Common Stock Award $0 +25,000 $0.000000 25,000 01 Oct 2021 Held by Illanit Blumenfeld, Mr. Blumenfeld's wife F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 monthly over one year and, if earlier, in full on the date of the issuer's 2022 Annual Meeting of Stockholders, subject to the reporting person's continued service as a director of the issuer through such date.
F2 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 pro rata quarterly over 24 months, subject to the reporting person's wife's continued service through such date.