Item 5.02. Departure of Directors of Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.




RSU Grants

On September 23, 2020, the Compensation Committee of the Board of Directors (the "Board") of SG Blocks, Inc. (the "Company") granted 75,000 restricted stock units (RSUs) under the Company's Stock Incentive Plan to the Company's Acting Chief Financial Officer, Gerald Sheeran and 50,000 restricted stock units (RSUs) under the Company's Stock Incentive Plan to the Company's Chief Technology Officer, Stevan Armstrong. Each RSU represents the contingent right to receive one share of the Company's common stock, par value $0.01 per share. The RSUs vest 1/3 on the date of grant and 1/3 on the first and second anniversary of the grant.







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