Fisher Ronald Kenneth Jr 4
4 · SIGMA LABS, INC. · Filed Aug 13, 2021
Insider Transaction Report
Form 4
SIGMA LABS, INC.SGLB
Fisher Ronald Kenneth Jr
Vice President of Business Dev
Transactions
- Award
Stock Option (right to buy)
2021-08-11+30,313→ 30,313 totalExercise: $3.42Exp: 2026-08-11→ Common Stock (30,313 underlying) - Award
Stock Appreciation Right
2021-08-11+30,313→ 30,313 totalExercise: $3.42Exp: 2026-08-11→ Common Stock (30,313 underlying)
Footnotes (2)
- [F1]The stock option will vest and become exercisable as follows: (i) 25% of the option vested on the grant date (i.e., August 11, 2021), and (ii) the balance of the option will vest in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.
- [F2]The stock appreciation right ("SAR") is payable in cash only, and vests as follows: (i) 25% of the SAR vested on the grant date (i.e., August 11, 2021), and (ii) the balance of the SAR will vest in equal (as closely as possible) monthly installments over three years from the grant date, subject, in each case, to the Reporting Person being in the continuous employ of the Issuer on the applicable vesting date.