Jason Adair - 06 Jul 2023 Form 4 Insider Report for Liquidia Corp (LQDA)

Signature
/s/ Jason Adair
Issuer symbol
LQDA
Transactions as of
06 Jul 2023
Net transactions value
$0
Form type
4
Filing time
07 Jul 2023, 18:41:53 UTC
Previous filing
23 Jul 2021
Next filing
05 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDA Common Stock Award $0 +25,000 +74% $0.000000 58,704 06 Jul 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 6, 2023, the Reporting Person was granted 25,000 restricted stock units ("RSUs"). 25% of the RSUs will vest on July 25, 2024, and the remaining RSUs will vest ratably on a quarterly basis over three years thereafter. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes (i) 29,249 shares of the Issuer's commons stock which were acquired from previously vested RSUs and performance stock units ("PSUs") and (ii) 4,455 shares of the Issuer's common stock from purchases under the Issuer's employee stock purchase plan ("ESPP").