UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Amendment No. 2)
Under the Securities Exchange Act of 1934
SIGA TECHNOLOGIES, INC.
(Name of Issuer)
COMMON STOCK
(TITLE OF CLASS OF SECURITIES)
826 917 10 6
(CUSIP Number)
Adam Eilenberg, Esq.
Ehrenreich Eilenberg & Krause LLP
11 East 44th Street, 11th Floor
New York, NY 10017
(212) 986-9700
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
January 25, 2002
(Date of event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: [ ]
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
* THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING PERSON'S
INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF SECURITIES, AND
FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH WOULD ALTER
DISCLOSURES PROVIDED IN A PRIOR COVER PAGE.
THE INFORMATION REQUIRED ON THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED
TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF
1934 ("ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT
BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS OF THE ACT (HOWEVER, SEE THE
NOTES).
CUSIP No. 826 917 10 6 13D
________________________________________________________________________________
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Persons
Richard Stone
________________________________________________________________________________
2 Check Appropriate Box If a Member of a Group
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC Use Only
________________________________________________________________________________
4 Source of Funds
00,PF
________________________________________________________________________________
5 Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [_]
________________________________________________________________________________
6 Citizenship or Place of Organization
USA
________________________________________________________________________________
Number of 7 Sole Voting Power 505,484 including
Shares 25,000 shares issuable upon
Beneficially exercise of warrants
Owned by ______________________________________________________________
Each 8 Shared Voting Power
Reporting 0
Person ______________________________________________________________
With 9 Sole Dispositive Power 505,484, including
25,000 shares issuable upon
exercise of warrants
______________________________________________________________
10 Shared Dispositive Power
0
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned by Each Reporting Person
505,484
________________________________________________________________________________
12 Check box if the aggregate Amount in Row (11) Excludes Certain Shares
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.97%
________________________________________________________________________________
14 Type of Reporting Person
IN
________________________________________________________________________________
Item 1. Security and Issuer.
The title of the class of equity securities to which this statement relates is
the common stock, $.0001 par value per share (the "Common Stock"), of SIGA
Technologies, Inc., a Delaware corporation (the "Company"). The principal
executive offices of the Company are located at 420 Lexington Avenue, Suite 620,
New York, NY 10170. This statement is filed pursuant to Rule 13d-2(a) with
respect to securities owned by Richard Stone as of January 25, 2002 and amends
the Schedule 13 D filed on June 3, 1998,as amended by Amendment No. 1 filed on
January 14, 2000 (collectively, the "Schedule 13D"). Except as set forth herein,
the Schedule 13D is hereby restated in its entirety.
Item 3. Source and Amount of Funds or Other Consideration.
The purpose of this Amendment No. 2 is to report certain subsequent
acquisitions and dispositions of shares.
Between January 21, 2000 and April 18, 2001, Mr. Stone purchased 83,500
shares of Common Stock in open market transactions at prices between $2.07 per
share and $4.25 per share. All purchases were paid out of his personal funds.
On May 8, 2001, Mr. Stone purchased 25,000 Units of securities from the
Company in a private placement transaction at a price of $2.00 per Unit. Each
Unit consisted of one share of Common Stock and one currently exercisable
warrant to purchase one additional share of Common Stock at an exercise price of
$2.94, expiring in May 2006.
Between February 22, 2000 and January 25, 2002, Mr. Stone sold 176,481
shares of Common Stock in open market transactions at prices between $2.20 per
share and $7.82 per share.
Item 4. Purpose of Transaction.
Mr. Stone's purchases were made for investment purposes. The sales of
securities were made to diversify Mr. Stone's investment portfolio. Although he
has no current intention to do so, depending on market conditions and other
factors, Mr. Stone may acquire additional shares or sell all or a portion of his
shares of Common Stock.
Mr. Stone has no plans or proposals which would relate to or would result
in any of the actions set forth in the subparagraphs (a) through (j) of Item 4.
Item 5. Interest in Securities of the Issuer.
See Items 7 through 11 on the cover page.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
None.
Item 7. Materials to be Filed as Exhibits.
None.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
correct and complete.
Dated: February 6, 2002 /s/ Richard Stone
----------------------------
Richard Stone