Scott Moomaw - Feb 28, 2023 Form 4/A - Amendment Insider Report for Liquidia Corp (LQDA)

Role: Chief Commercial Officer
Signature: /s/ Scott Moomaw
Stock symbol: LQDA
Transactions as of: Feb 28, 2023
Transactions value $: -$16,405
Form type: 4/A - Amendment
Date filed: 4/10/2023, 04:33 PM
Date Of Original Report: Mar 1, 2023
Previous filing: Jan 13, 2023
Next filing: Jun 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LQDA	Common Stock	Options Exercise		+7.5K	+7.84%		103K	Feb 28, 2023	Direct	F1, F2, F3
transaction	LQDA	Common Stock	Sale	-$16.4K	-2.17K	-2.1%	$7.56	101K	Feb 28, 2023	Direct	F3, F4

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	Restricted Stock Unit	Options Exercise	$0	-7.5K	-25%	$0.00	22.5K	Feb 28, 2023	Common Stock	7.5K		Direct	F1

* 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	On January 16, 2022, the Reporting Person was granted 30,000 RSUs with 25% vesting on February 28, 2023, and the remaining RSUs will vest ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 7,500 have vested through February 28, 2023.
F3	Includes (i) 83,333 RSUs granted to the Reporting Person on January 11, 2023, none of which have vested as of the date of this Form 4 and (ii) 2,572 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on February 28, 2023.
F4	These shares were sold to cover taxes associated with the settlement of RSUs.

Remarks:

This amendment is being filed solely to correct (i) the number of shares acquired by the Reporting Person under the Liquidia Corporation 2020 Employee Stock Purchase Plan in footnote 3 due to an administrative error and (ii) the amount of securities beneficially owned by the Reporting Person following the transactions reported on the original Form 4.