SEC Form 4 · accession 0001140361-16-087776
SIGA TECHNOLOGIES INC · SIGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric A Rose M.D.
Officer — Executive Chairman · Director
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001010086
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 22, 2016 | A | 300,000 | A | — | — | Common Stock, par value $.0001 per share | 300,000 | 300,000 | D |
Explanation of responses
- F1The RSUs were granted to the reporting person pursuant to the reporting person's amended and restated employment agreement as Executive Chairman of the Company and in accordance with the terms of the Company's 2010 Stock Incentive Plan. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis.
- F2The RSUs vest over three years, one-third on each of the first three anniversaries of the date of grant.