Larry R. Miller - 18 Apr 2025 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
21 Apr 2025, 17:00:24 UTC
Prior SEC filing
26 Mar 2025
Next SEC filing
17 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Larry R. Miller

Key filing fact

Larry R. Miller filed Form 4 for SIGA TECHNOLOGIES INC (SIGA) on 21 Apr 2025.

Key facts

  • This page summarizes Larry R. Miller's Form 4 filing for SIGA TECHNOLOGIES INC (SIGA).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 21 Apr 2025, 17:00.

Change

  • Previous filing in this sequence was filed on 26 Mar 2025.
  • Current net transaction value: -$21,157.

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
$0
Shares
+6,920
Change %
+20%
Price
$0.000000
Shares after
41,976
Date
18 Apr 2025
Ownership
Direct
Footnotes
F1
SIGA transaction

Common Stock, par value $.0001 per share

Tax liability

Transaction value
$21,157
Shares
-3,532
Change %
-8.4%
Price
$5.99
Shares after
38,444
Date
18 Apr 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

SIGA transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
+6,920
Change %
+100%
Price
$0.000000
Shares after
13,841
Date
18 Apr 2025
Ownership
Direct
Underlying class
Common Stock, par value $.0001 per share
Underlying amount
6,920
Exercise price
Footnotes
F1, F3
SIGA transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value
$0
Shares
-13,841
Change %
-100%
Price
$0.000000
Shares after
0
Date
18 Apr 2025
Ownership
Direct
Underlying class
Common Stock, par value $.0001 per share
Underlying amount
13,841
Exercise price
Footnotes
F1, F3
SIGA transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+13,841
Change %
Price
$0.000000
Shares after
13,841
Date
18 Apr 2025
Ownership
Direct
Underlying class
Common Stock, par value $.0001 per share
Underlying amount
13,841
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On April 18, 2025, the Issuer's Board of Directors approved an amendment of the outstanding performance stock units ("PSUs") previously granted to the reporting person on March 25, 2024, to account for the Issuer's payment of a special cash dividend of $0.60 per share in April 2024 that would have applied to such PSUs based on the reporting person's actual period of service with the Issuer. As modified, the relevant stock price hurdles for these PSUs were each lowered by $0.60 such that (a) 6,920 PSUs vested immediately, (b) 6,920 PSUs vest if, during any period of 90 consecutive trading days during the three-year period beginning on the grant date (the "Performance Period"), the Issuer's Common Stock closing stock price (plus the per share value of any dividends declared during the measurement date) (the "Stock Price") is at or above $7.40, and (c) 6,921 PSUs vest, if during any 90 consecutive trading days during the Performance Period, the Stock Price is at or above $8.40.

Footnote F2

Represents the withholding by SIGA Technologies, Inc. of shares of Common Stock (based on $5.99 per share, the closing stock price on April 17, 2025) to satisfy tax withholding obligations associated with the vesting of PSUs and the consequent issuance of Common Stock.

Footnote F3

PSUs represent contingent rights to receive Common Stock on a one-for-one basis.

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