Ronald Fisher - Jul 1, 2022 Form 4 Insider Report for SIGMA LABS, INC. (SASI)

Role
VP of Business Development
Signature
/s/ Ronald Fisher
Stock symbol
SASI
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/6/2022, 07:03 PM
Previous filing
Aug 13, 2021
Next filing
Aug 11, 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 +5.74K $0.00 5.74K Jul 1, 2022 Common Stock 5.74K $2.50 Direct F1
transaction SASI Stock Appreciation Right Award $0 +87.3K $0.00 87.3K Jul 1, 2022 Common Stock 87.3K $1.30 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 vests, as follows: (i) 1,434 shares subject to the option vested on the date of grant, and (ii) the remaining 4,302 shares will vest in equal (as nearly as possible) monthly installments over the succeeding 36 months, subject, in each case, to the Reporting Person remaining an employee of the Issuer on the applicable vesting date.
F2 The stock appreciation right ("SAR") is payable in cash only, and vests on March 15, 2025, subject to the Reporting Person being in the continuous employ of the Issuer on the vesting date.