John R. Rice - Jul 15, 2021 Form 4 Insider Report for SIGMA LABS, INC. (SASI)

Role
Director
Signature
/s/ John R. Rice
Stock symbol
SASI
Transactions as of
Jul 15, 2021
Transactions value $
$0
Form type
4
Date filed
7/19/2021, 09:19 PM
Next filing
Apr 4, 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 SASI Stock Option (right to buy) Award $0 +26K $0.00 26K Jul 15, 2021 Common Stock 26K $3.13 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option grant was previously approved by a committee of the Issuer's Board of Directors, subject to stockholder approval of an amendment to the Issuer's equity incentive plan under which the option was granted. The Issuer's stockholders approved the amendment on July 15, 2021.
F2 The stock option vests in twelve equal, successive monthly installments commencing January 2021 through December 31, 2021, subject, in each case, to the Reporting Person remaining a director on the applicable vesting date.