Jack A. Olmstead - 11 Jul 2022 Form 4 Insider Report for HireQuest, Inc. (HQI)

Role: Director
Signature: /s/ Jack Olmstead
Issuer symbol: HQI
Transactions as of: 11 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 13 Jul 2022, 16:05:52 UTC
Previous filing: 24 Jun 2022
Next filing: 26 Oct 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		+5,911	+25%		29,241	11 Jul 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. 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 match of certain open market purchases. 4,793 of these shares vest on October 11, 2022, 300 will vest on May 13, 2024, 660 will vest on June 23, 2024, and 158 will 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.

Content

Represents shares of restricted stock awarded to Mr. Olmstead 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 match of certain open market purchases. 4,793 of these shares vest on October 11, 2022, 300 will vest on May 13, 2024, 660 will vest on June 23, 2024, and 158 will vest on July 11, 2024.

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.