Paul M. Galvin - Oct 1, 2021 Form 4 Insider Report for SG BLOCKS, INC. (SGBX)

Role
Chief Executive Officer, Director
Signature
/s/ Paul M. Galvin
Stock symbol
SGBX
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/4/2021, 05:10 PM
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGBX Common Stock Award $0 +350K +89.43% $0.00 741K Oct 1, 2021 Direct F1
holding SGBX Common Stock 507 Oct 1, 2021 TAG Partners, LLC 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 pro rata quarterly over 24 months, subject to the reporting person's continued service as an officer/director of the issuer through such date.
F2 Held by TAG Partners, LLC. Due to his position with TAG Partners, LLC, Mr. Galvin may be deemed to be a beneficial owner of common stock held by TAG Partners, LLC. Mr. Galvin disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.