SEC Form 4 · accession 0001213900-16-017965

SG BLOCKS, INC. · SGBX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO · Director

Period of report

Nov 1, 2016

Accepted (ET)

Nov 3, 2016 · 6:34 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001023994

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (right to buy)^F1,F3	$1.00	Nov 1, 2016	A	40,000	A	—	Oct 31, 2026	Common Stock	40,000	40,000	D
Stock Options (right to buy)^F4,F6	$0.01	Nov 1, 2016	A	65,515	A	—	Oct 31, 2026	Common Stock	65,515	65,515	D

F1The options are exercisable at the greater of $1.00 and fair market value, which will be determined within 90 days of the date of the date of grant.
F2The options were issued pursuant to the Issuer's Stock Option Plan.
F3The options vest, subject to the Reporting Person's continued role as director, in equal installments of 10,000 underlying shares on the last day of each fiscal quarter following the date of grant until the options are 100% vested.
F4The options are exercisable at the greater of $0.01 and the fair market value, which will be determined within 90 days of the date of grant.
F5The options were issued pursuant to the Issuer's Amended Plan of Reorganization, approved by the U.S. Bankruptcy Court for the Southern District of New York on May 23, 2016 and under the Issuer's Stock Option Plan.
F632,578 of the underlying shares of common stock have vested as of the date of grant and 32,577 shares will vest, subject to the Reporting Person's continued employment, on the date on which the Company files its annual report on Form 10-K for the year ended December 31, 2016 with the U.S. Securities and Exchange Commission.

***The Issuer currently intends to apply for quotation or listing under this symbol in the future.