R. Rimmy Malhotra - Dec 30, 2022 Form 4 Insider Report for HireQuest, Inc. (HQI)

Role
Director
Signature
/s/ R. Rimmy Malhotra
Stock symbol
HQI
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 03:09 PM
Previous filing
Dec 29, 2022
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQI Common Stock Award +979 +1.44% 69K Dec 30, 2022 Direct F1, F2
holding HQI Common Stock 116K Dec 30, 2022 See FN F3
* 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. Malhotra in his capacity as a Director of Issuer as a partial match for open market purchases pursuant to the 2019 HireQuest, Inc. Non-Employee Director Compensation Plan. These shares will vest December 27, 2024.
F2 Shares awarded pursuant to Compensation Plan. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $15.81 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.