Jack Olmstead - Aug 15, 2023 Form 4 Insider Report for HireQuest, Inc. (HQI)

Role
Director
Signature
/s/ Jack Olmstead
Stock symbol
HQI
Transactions as of
Aug 15, 2023
Transactions value $
$201,100
Form type
4
Date filed
8/17/2023, 07:48 AM
Previous filing
May 24, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQI Common Stock Award +717 +2.31% 31.8K Aug 15, 2023 Direct F1, F2
transaction HQI Common Stock Purchase $201K +10K +31.44% $20.11 41.8K Aug 15, 2023 Direct 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. 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. 597 of these shares vest on November 15, 2023 and 120 shares vest on August 15, 2025.
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 $18.83 per share.
F3 The price reported is a weighted average price. The shares reported herein were purchased in multiple transactions. The range of prices for the transactions reported in this line was $19.93 - $20.32 per share. Mr. Olmstead undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price.