Rajeev Saggar - Jan 11, 2023 Form 4 Insider Report for Liquidia Corp (LQDA)

Signature
/s/ Dr. Rajeev Saggar
Stock symbol
LQDA
Transactions as of
Jan 11, 2023
Transactions value $
$0
Form type
4
Date filed
1/13/2023, 04:18 PM
Previous filing
Jul 20, 2022
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDA Common Stock Award $0 +83.3K +88.81% $0.00 177K Jan 11, 2023 Direct F1, F2

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 +107K $0.00 107K Jan 11, 2023 Common Stock 107K $6.17 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 25% of the RSUs shall vest on January 11, 2024 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter.
F3 The options will vest ratably on a monthly basis over four years with the first vesting date to occur on February 11, 2023 and on the last day of each month thereafter.