Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HQI | Common Stock | Award | +5.22K | +8.44% | 67K | Jul 11, 2022 | Direct | F1, F2 | ||
holding | HQI | Common Stock | 112K | Jul 11, 2022 | See FN | F3 |
Id | Content |
---|---|
F1 | Represents shares of restricted stock awarded to Mr. Malhotra in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer and an annual retainer pursuant to the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan. 5,013 of these shares vest on October 11, 2022 and 203 shares vest on July 11, 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 $14.19 per share. |
F3 | Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Fund, LLC. Mr. Malhotra disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |