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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 01/03/2014 | M | 66,666 | (2) | (2) | Common Stock, par value $.0001 per share | 66,666 | $ 0 | 133,334 | D | ||||
Restricted Stock Units | (3) | 01/03/2014 | A | 200,000 | (3) | (3) | Common Stock, par value $.0001 per share | 200,000 | $ 0 | 200,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ROSE ERIC A MD C/O SIGA TECHNOLOGIES, INC. 660 MADISON AVENUE, SUITE 1700 NEW YORK, NY 10065 |
X | Chief Executive Officer |
/s/ Eric A. Rose | 01/07/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | SIGA Technologies, Inc. (the "Issuer") has certain tax withholding obligations associated with the vesting of restricted stock units ("RSUs") and the consequent issuance of Common Stock of the Issuer. This Form 4 reports the surrender to the Issuer by the Reporting Person of 29,033 shares of Common Stock -- granted in the form of RSUs approximately one year ago -- in order to satisfy those withholding tax obligations. The Reporting Person reported the initial grant on January 7, 2013. |
(2) | Represents vesting of one-third of RSUs granted on January 3, 2013. The second 1/3 of such RSUs vest on January 3, 2015 and the remaining 1/3 of such RSUs vest on January 3, 2016. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis. |
(3) | The RSUs vest in equal yearly installments over a period of three (3) years, with the first 1/3 of such RSUs vesting on January 3, 2015, the second 1/3 of such RSUs vesting on January 3, 2016 and the remaining 1/3 of such RSUs vesting on January 3, 2017. Each RSU converts into one share of Common Stock of the Issuer on a one for one basis |