Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LQDA | Common Stock | Award | $0 | +93.3K | +50.96% | $0.00 | 276K | Jan 11, 2024 | Direct | F1, F2, F3 |
transaction | LQDA | Common Stock | Award | $0 | +50K | +18.1% | $0.00 | 326K | Jan 15, 2024 | Direct | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LQDA | Performance Stock Units | Award | $0 | -93.3K | -50% | $0.00 | 93.3K | Jan 11, 2024 | Common Stock | 93.3K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |
F2 | 25% of the RSUs shall vest on January 11, 2025 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter. |
F3 | Includes (i) 21,049 unvested RSUs of the 37,500 RSUs granted to the Reporting Person on January 16, 2022, (ii) 124,667 RSUs granted to the Reporting Person on January 11, 2023 and (iii) 5,977 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
F4 | Each performance stock unit ("PSU") converts into one share of the Issuer's common stock. |
F5 | On January 11, 2024, the Reporting Person was granted 93,250 PSUs. The PSUs shall vest upon the later of (A) the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter and (B) the first commercial sale of YUTREPIA by the Issuer. |