JACK OLMSTEAD - 20 Apr 2022 Form 4 Insider Report for HireQuest, Inc. (HQI)

Role
Director
Signature
/s/ Jack Olmstead
Issuer symbol
HQI
Transactions as of
20 Apr 2022
Net transactions value
$0
Form type
4
Filing time
26 Apr 2022, 16:28:09 UTC
Previous filing
23 Mar 2022
Next filing
17 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQI Common Stock Award +1,042 +6% 18,530 20 Apr 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock awarded to Mr. Olmstead in his capacity as a Director of Issuer for Board of Director services and 20% match of open market purchases. These shares represent compensation in-lieu of a quarterly cash retainer and match. 618 shares will vest on July 20, 2022, 300 shares will vest on March 21, 2024, and 124 shares will vest on April 20, 2024.
F2 Shares awarded for board service. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $18.20 per share.