Richard Hermanns - 12 Jan 2022 Form 4 Insider Report for HireQuest, Inc. (HQI)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Richard Hermanns
Issuer symbol
HQI
Transactions as of
12 Jan 2022
Net transactions value
$0
Form type
4
Filing time
07 Mar 2022, 15:13:20 UTC
Previous filing
23 Nov 2021
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 Gift -75,000 -2.1% 3,449,239 12 Jan 2022 Direct F1
transaction HQI Common Stock Gift -38,800 -1.1% 3,410,439 12 Jan 2022 Direct F2
transaction HQI Common Stock Award +35,252 +1% 3,445,691 03 Mar 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents a transfer of securities by bona fide gift to a charitable foundation for which no payment or consideration was received by the reporting person.
F2 This transaction represents a transfer of securities by bona fide gift to a trust for which no payment or consideration was received by the reporting person.
F3 Represents shares of restricted stock awarded to Mr. Hermanns in his capacity as an Officer of the Company for an annual bonus in lieu of cash compensation. 29,377 of these shares will vest on June 3, 2022 and 5,875 will vest on March 3, 2024.
F4 Shares awarded as annual bonus. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $17.02 per share.