Key facts
- This page summarizes Robert A. Lippe's Form 4 filing for Liquidia Corp (LQDA).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Dec 2023, 21:21.
Robert A. Lippe - 30 Nov 2023 Form 4 Insider Report for Liquidia Corp (LQDA)
- Reporting relationship
- Chief Operations Officer
- Issuer ticker
- LQDA
- Reported as of
- 30 Nov 2023
- Net transaction value
- -$3,618
- SEC form
- 4
- Accepted by SEC
- 05 Dec 2023, 21:21:25 UTC
- Prior SEC filing
- 05 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert A. Lippe
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Robert A. Lippe filed Form 4 for Liquidia Corp (LQDA) on 05 Dec 2023.
Change
- Previous filing in this sequence was filed on 05 Sep 2023.
- Current net transaction value: -$3,618.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LQDA
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,718
- Change %
- +0.89%
- Price
- Shares after
- 194,285
- Date
- 30 Nov 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
LQDA
transaction
Common Stock
Sale
- Transaction value
- $3,618
- Shares
- -497
- Change %
- -0.26%
- Price
- $7.28
- Shares after
- 193,788
- Date
- 30 Nov 2023
- Ownership
- Direct
- Footnotes
- F3, F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LQDA
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -1,718
- Change %
- -10%
- Price
- $0.000000
- Shares after
- 15,469
- Date
- 30 Nov 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,718
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 5 footnotes
Footnote F1
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
Footnote F2
On January 16, 2022, the Reporting Person was granted 27,500 RSUs with 25% vesting on February 28, 2023, with the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 12,031 have vested through November 30, 2023.
Footnote 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, (ii) 10,833 RSUs granted to the Reporting Person on March 18, 2020, 9,479 of which have vested as of the date of this Form 4, and (iii) 5,948 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on August 31, 2023.
Footnote F4
These shares were sold to cover taxes associated with the settlement of RSUs.
Footnote F5
Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on June 2, 2022.