Jacob Brunsberg - Feb 16, 2022 Form 4 Insider Report for SIGMA LABS, INC. (SASI)

Role
President and COO
Signature
/s/ Jacob Brunsberg
Stock symbol
SASI
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
4
Date filed
2/18/2022, 06:00 PM
Previous filing
Sep 22, 2021
Next filing
May 3, 2022

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 +70K $0.00 70K Feb 16, 2022 Common Stock 70K $2.50 Direct F1
transaction SASI Stock Appreciation Right Award $0 +30K $0.00 30K Feb 16, 2022 Common Stock 30K $2.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option will vest and become exercisable 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 will vest and become exercisable 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.