Richard Hermanns - 01 Sep 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
01 Sep 2022
Net transactions value
$0
Form type
4
Filing time
06 Sep 2022, 16:04:34 UTC
Previous filing
24 Jun 2022
Next filing
19 Dec 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 +50,000 +1.4% 3,504,498 01 Sep 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. Hermanns in his capacity as President and CEO of Issuer for service as President and CEO. 25,000 of these shares will vest on September 1, 2024. Thereafter, 3,125 shares will vest on the last day of each of the eight fiscal quarters immediately following September 1, 2024.
F2 Shares awarded for services as President and CEO. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $14.40 per share.