Kent Summers - 31 Mar 2022 Form 4 Insider Report for SIGMA LABS, INC. (SASI)

Role
Director
Signature
/s/ Kent J. Summers
Issuer symbol
SASI
Transactions as of
31 Mar 2022
Transactions value $
$0
Form type
4
Filing time
04 Apr 2022, 19:00:28 UTC
Previous filing
19 Jul 2021
Next filing
30 Jan 2023
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 +14,000 $0 14,000 31 Mar 2022 Common Stock 14,000 $2.5 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests as follows: 25% fully vested on March 31, 2022, and the remaining 75% to vest in three equal (as closely as possible), successive quarterly installments on the last day of each quarter beginning on June 30, 2022 through December 31, 2022, subject, in each case, to the Reporting Person remaining a director on the applicable vesting date.