Jacob Brunsberg - 16 Feb 2022 Form 4 Insider Report for SIGMA LABS, INC. (NTRP)

Role
President and COO
Signature
/s/ Jacob Brunsberg
Issuer symbol
NTRP
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Feb 2022, 18:00:17 UTC
Previous filing
22 Sep 2021
Next filing
03 May 2022
SEC
View on sec.gov

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 +70,000 $0.000000 70,000 16 Feb 2022 Common Stock 70,000 $2.50 Direct F1
transaction SASI Stock Appreciation Right Award $0 +30,000 $0.000000 30,000 16 Feb 2022 Common Stock 30,000 $2.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option will vest and become exercisable in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.
F2 The stock appreciation right ("SAR") is payable in cash only, and will vest and become exercisable in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.