SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Under the Securities Exchange Act of 1934
SCHEDULE 13G
(Amendment No. 2)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Siga Technologies, Inc.
(Name of Issuer)
Common Stock, par value $.0001 per share
(Title of Class of Securities)
826917-10-6
(CUSIP Number)
December 31, 2001
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
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Page 1 of 6 Pages
SCHEDULE 13G
CUSIP No. 826917-10-6 Page 2 of 6 Pages
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1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Howard Gittis
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2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
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3) SEC USE ONLY
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4) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5) SOLE VOTING POWER
NUMBER 973,652 (1)
OF ---------------------------------------------------------
SHARES 6) SHARED VOTING POWER
BENEFICIALLY
OWNED BY 32,250 (1)
EACH ---------------------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON
WITH 973,652 (1)
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8) SHARED DISPOSITIVE POWER
32,250 (1)
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9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,005,902 (1)
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10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|-|
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11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9% (1)
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12) TYPE OF REPORTING PERSON
IN
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(1) See Annex A hereto.
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Schedule 13G
Item 1(a). Name of Issuer:
SIGA Technologies, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
420 Lexington Avenue
Suite 620
NY, NY 10170
Item 2(a). Name of Person Filing:
Howard Gittis
Item 2(b). Address of Principal Business Office or, if None, Residence:
35 East 62nd Street
New York, New York 10021
Item 2(c). Citizenship:
U.S.A.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.0001 per share
Item 2(e). CUSIP Number:
82 6917-10-6
Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b), or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or Dealer Registered Under Section 15 of the Act (15
U.S.C. 78o)
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
(c) |_| Insurance Company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c)
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(d) |_| Investment Company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e) |_| Investment Adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E)
(f) |_| Employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company or control person in accordance with
ss.240.13d-1(b)(ii)(G)
(h) |_| Savings Association as defined inss.3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
(i) |_| Church plan that is excluded from the definition of an
investment company under ss.3(c)(15) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3)
(j) |_| Group, in accordance withss.240.13d-1(b)(ii)(J)
Item 4. Ownership.
(a) Amount beneficially owned: 1,005,902
(b) Percent of class: 9.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 973,652
(ii) Shared power to vote or to direct the vote: 32,250
(iii) Sole power to dispose or to direct the disposition of:
973,652
(iv) Shared power to dispose or to direct the disposition of:
32,250
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following: |_|
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
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Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
February 14, 2002
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Date
/s/ Howard Gittis
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Signature
Howard Gittis
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Name/Title
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ANNEX A to Schedule 13G/A
Reporting Person: Howard Gittis
Issuer: Siga Technologies, Inc.
Date: December 31, 2001
Based on the Issuer's public filings, as of November 8, 2001, there were
10,139,553 shares of the Issuer's Common Stock outstanding.
The Reporting Person holds 713,474 shares of the Common Stock of the Issuer (the
"Held Common Stock"). Additionally, a charitable foundation, the securities held
by which may be deemed beneficially owned by the Reporting Person (the
"Charity"), holds 32,250 shares of Common Stock of the Issuer.
The Reporting Person holds a warrant (the "2000 Warrant") to purchase up to
226,087 shares of Common Stock at an exercise price of $3.4059 per share and a
warrant (the "2001 Warrant", together with the 2000 Warrant, collectively, the
"Warrants") to purchase up to 34,091 shares of Common Stock at an exercise price
of $3.552 per share.
The Warrants provide that, within certain limited exceptions, they are not
exercisable if, as a result of such exercise, the number of shares of Common
Stock beneficially owned by the Reporting Person and his affiliates (other than
shares of Common Stock which may be deemed beneficially owned through the
ownership of the unexercised portion of such securities) would exceed 9.99% of
the outstanding shares of Common Stock. The Issuer may require the Warrants to
be exercised (subject to the same 9.99% limitation) if certain conditions set
forth in the Warrants have been fulfilled.
The Reporting Person disclaims beneficial ownership of all the Common Stock
except the Held Common Stock. The Reporting Person disclaims beneficial
ownership of securities of the Issuer held by any other party, including,
without limitation, the Charity.
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