Diem Nguyen - Jan 27, 2025 Form 4 Insider Report for SIGA TECHNOLOGIES INC (SIGA)

Role
Chief Executive Officer, Director
Signature
/s/ Diem Nguyen
Stock symbol
SIGA
Transactions as of
Jan 27, 2025
Transactions value $
-$149,903
Form type
4
Date filed
1/29/2025, 05:07 PM
Previous filing
Oct 29, 2024
Next filing
Mar 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIGA Common Stock, par value $.0001 per share Options Exercise $0 +55.9K +157.94% $0.00 91.3K Jan 27, 2025 Direct F1
transaction SIGA Common Stock, par value $.0001 per share Tax liability -$150K -23.6K -25.9% $6.34 67.7K Jan 27, 2025 Direct F2

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 SIGA Restricted Stock Units Options Exercise $0 -55.9K -33.33% $0.00 112K Jan 27, 2025 Common Stock, par value $.0001 per share 55.9K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of Common Stock from the vesting of one-third of the restricted stock units ("RSUs") granted on January 27, 2024.
F2 Represents the withholding by the Issuer of shares of Common Stock (based on $6.34 per share, the closing stock price on January 27, 2025) to satisfy tax withholding obligations associated with the vesting of RSUs and the consequent issuance of Common Stock.
F3 RSUs represent contingent rights to receive Common Stock on a one-for-one basis. The RSUs vest over three years, one-third on each of the first three anniversaries of the date of grant.