Jay Varma - 13 Jun 2023 Form 4 Insider Report for SIGA TECHNOLOGIES INC (SIGA)

Role
Director
Signature
/s/ Jay Kumar Varma
Issuer symbol
SIGA
Transactions as of
13 Jun 2023
Transactions value $
$0
Form type
4
Filing time
15 Jun 2023, 17:11:17 UTC
Previous filing
14 Nov 2022
Next filing
13 Jun 2024
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 SIGA Restricted Stock Units Award $0 +24.7K $0.00 24.7K 13 Jun 2023 Common Stock, par value $.0001 per share 24.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") represent contingent rights to receive common stock of SIGA Technologies, Inc. (the "Company") on a one-for-one basis, of which up to 7,414 RSUs are expected to settle in cash value thereof but may be settled in shares at the discretion of the board of directors.
F2 The RSUs fully vest on the date of the Company's 2024 annual meeting of stockholders.