Paul M. Galvin - 18 Nov 2022 Form 4 Insider Report for SG BLOCKS, INC. (SGBX)

Role
Chief Executive Officer, Director
Signature
/s/ Paul M. Galvin
Issuer symbol
SGBX
Transactions as of
18 Nov 2022
Net transactions value
$0
Form type
4
Filing time
22 Nov 2022, 06:00:11 UTC
Previous filing
04 Oct 2021
Next filing
10 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGBX Common Stock Award $0 +250,000 +34% $0.000000 991,355 18 Nov 2022 Direct F1
holding SGBX Common Stock 507 18 Nov 2022 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.