Edward Jackson - Jul 11, 2022 Form 4 Insider Report for HireQuest, Inc. (HQI)

Signature
/s/ Edward Jackson
Stock symbol
HQI
Transactions as of
Jul 11, 2022
Transactions value $
$0
Form type
4
Date filed
7/13/2022, 04:05 PM
Previous filing
Jun 29, 2022
Next filing
Oct 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQI Common Stock Award +6.14K +0.24% 2.6M Jul 11, 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. Jackson in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer, an annual retainer pursuant to the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan, and a match of certain purchases made in the open market. 4,634 of these shares vest on October 11, 2022, 700 will vest on May 13, 2024, 400 will vest on May 17, 2024, and 408 will vest on June 14, 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.