Roger Jeffs - Jan 3, 2022 Form 4 Insider Report for Liquidia Corp (LQDA)

Role: Chief Executive Officer, Director
Signature: /s/ Roger A. Jeffs Ph.D.
Stock symbol: LQDA
Transactions as of: Jan 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 04:05 PM
Previous filing: Nov 23, 2021
Next filing: Mar 8, 2022
SEC: View on sec.gov

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	LQDA	Non-Qualified Stock Option (right to buy)	Award	$0	+1.68M	+2094.29%	$0.00	1.76M	Jan 3, 2022	Common Stock	1.68M	$5.14	Direct	F1
transaction	LQDA	Restricted Stock Unit	Award	$0	+63.2K		$0.00	63.2K	Jan 3, 2022	Common Stock	63.2K	$0.00	Direct	F2, F3, F4

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	25% of the grant will become vested and exercisable or settled, as applicable, on first anniversary of the transaction date and the balance will become vested and exercisable or settled, as applicable, in equal monthly installments over the following thirty-six (36) months.
F2	Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common shares without payment of specific consideration.
F3	25% of the grant will become vested quarterly through the first anniversary of the transaction date.
F4	Not applicable.

Remarks:

Exhibit 24 - Power of Attorney