Daniel J. Luckshire - 31 Jul 2021 Form 4 Insider Report for SIGA TECHNOLOGIES INC (SIGA)

Role: Executive VP & CFO
Signature: /s/ Daniel J. Luckshire
Issuer symbol: SIGA
Transactions as of: 31 Jul 2021
Net transactions value: -$88,556
Form type: 4
Filing time: 03 Aug 2021, 16:06:16 UTC
Next filing: 12 May 2023
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	+26,667	+11%	$0.000000	265,272	31 Jul 2021	Direct
transaction	SIGA	Common Stock, Par Value $.0001 Per Share	Tax liability	$88,556	-13,902	-5.2%	$6.37	251,370	31 Jul 2021	Direct	F1

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	-26,667	-100%	$0.000000^*	0	31 Jul 2021	Common Stock, Par Value $.0001 Per Share	26,667		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the withholding by SIGA Technologies, Inc. of shares of Common Stock (based on $6.37 per share, the closing stock price on July 30, 2021) to satisfy tax withholding obligations associated with the vesting of restricted stock units ("RSUs") and the consequent issuance of Common Stock.
F2	RSUs represent contingent rights to receive Common Stock on a one-for-one basis. The RSUs were granted on July 31, 2019 and vested over two years, with the first 1/2 of such RSUs vesting on July 31, 2020 and the remaining 1/2 of such RSUs vesting on July 31, 2021.