Richard Hermanns - 31 Mar 2023 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
31 Mar 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 16:06:39 UTC
Previous filing
30 Jan 2023
Next filing
17 Aug 2023
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 +10,431 +0.31% 3,334,929 31 Mar 2023 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 a Chief Executive Officer in lieu of cash payment of a portion of his bonus related to fiscal year 2022. 9,272 shares will vest on July 1, 2023, and 1,159 shares will vest on March 31, 2025.
F2 Shares awarded in lieu of cash compensation. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $21.57 per share.