Julian Nemirovsky - 13 Jun 2023 Form 4 Insider Report for SIGA TECHNOLOGIES INC (SIGA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Jun 2023, 17:14:04 UTC
Prior SEC filing
16 Jun 2022
Next SEC filing
14 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Julian Nemirovsky

Key filing fact

Julian Nemirovsky filed Form 4 for SIGA TECHNOLOGIES INC (SIGA) on 15 Jun 2023.

Key facts

  • This page summarizes Julian Nemirovsky's Form 4 filing for SIGA TECHNOLOGIES INC (SIGA).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 15 Jun 2023, 17:14.

Change

  • Previous filing in this sequence was filed on 16 Jun 2022.
  • Current net transaction value: -$26,623.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SIGA transaction

Common Stock, par value $.0001 per share

Options Exercise

Transaction value
Shares
+14,620
Change %
+91%
Price
Shares after
30,602
Date
13 Jun 2023
Ownership
Direct
Footnotes
F1
SIGA transaction

Common Stock, par value $.0001 per share

Disposed to Issuer

Transaction value
$26,623
Shares
-4,386
Change %
-14%
Price
$6.07
Shares after
26,216
Date
13 Jun 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SIGA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-14,620
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Jun 2023
Ownership
Direct
Underlying class
Common Stock, par value $.0001 per share
Underlying amount
14,620
Exercise price
Footnotes
F1, F3
SIGA transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+24,712
Change %
Price
$0.000000
Shares after
24,712
Date
13 Jun 2023
Ownership
Direct
Underlying class
Common Stock, par value $.0001 per share
Underlying amount
24,712
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis.

Footnote F2

Reflects RSUs that were cash-settled, per the terms of the compensation program for Board Directors and as noted on the Form 4 filed on June 16, 2022. Partial cash-settlement of RSUs under the Board compensation program is designed to address tax obligations in connection with the vesting of RSUs.

Footnote F3

The RSUs were granted on June 14, 2022, and fully vested on the date of the Company's 2023 annual meeting of stockholders.

Footnote F4

RSUs represent contingent rights to receive common stock of the Company on a one-for-one basis, of which up to 7,414 RSUs are expected to settle in cash value thereof but may be settled in shares at the discretion of the board of directors.

Footnote F5

The RSUs fully vest on the date of the Company's 2024 annual meeting of stockholders.

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