Holly L. Phillips - Jun 15, 2021 Form 4 Insider Report for SIGA TECHNOLOGIES INC (SIGA)

Role
Director
Signature
/s/ Holly Phillips
Stock symbol
SIGA
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 04:48 PM
Next filing
Jun 16, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SIGA Stock Option (Right to buy) Award $0 +25K $0.00 25K Jun 15, 2021 Common Stock, par value $.0001 per share 25K $6.57 Direct F1
transaction SIGA Restricted Stock Units Award $0 +22.8K $0.00 22.8K Jun 15, 2021 Common Stock, par value $.0001 per share 22.8K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest immediately upon the grant of such options.
F2 Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis, of which up to 6,849 RSUs are expected to settle in cash value thereof but may be settled in shares at the discretion of the board of directors.
F3 The RSUs fully vest on the date of, and immediately prior to, the Company's 2022 annual meeting of stockholders.