Form 4 for LQDA Liquidia Corp
Accepted 2023-09-05 00:00:00 ET · period of report 2023-08-31 · accession 0001104659-23-098423 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-05 | 2023-08-31 | LQDA | Adair Jason | Chief Business Off | S - Sale+OE | $6.88 | -445 | 53.5K | -0.8% | -$3,062 |
| D | 2023-09-05 | 2023-08-31 | LQDA | Adair Jason | Chief Business Off | M - OptEx | — | +1,562 | 53.9K | +3% | — |
| D | 2023-09-05 | 2023-08-31 | LQDA | Adair Jason | Chief Business Off | M - OptEx | $0.00 | -1,562 | 28.5K | -5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-31 | S | D | 445 | $6.88 | 53,452 | D | — | — | (F4) These shares were sold to cover taxes associated with the settlement of RSUs. (F3) Includes (i) 25,000 RSUs granted to the Reporting Person on July 6, 2023, none of which have vested as of the date of this Form 4 and (ii) 1,819 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on August 31, 2023. Prior to this filing, the Reporting Person had a total of 50,516 securities beneficially owned, not the previously erroneously disclosed number of 58,704 filed per the Reporting Person's Form 4 on July 7, 2023. |
| 2 | Common | Common Stock | 2023-08-31 | M | A | 1,562 | — | 53,897 | D | — | — | (F2) On January 16, 2022, the Reporting Person was granted 25,000 RSUs with 25% vesting on February 28, 2023, with the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 9,375 have vested through August 31, 2023. (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F3) Includes (i) 25,000 RSUs granted to the Reporting Person on July 6, 2023, none of which have vested as of the date of this Form 4 and (ii) 1,819 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on August 31, 2023. Prior to this filing, the Reporting Person had a total of 50,516 securities beneficially owned, not the previously erroneously disclosed number of 58,704 filed per the Reporting Person's Form 4 on July 7, 2023. |
| 3 | Derivative | Restricted Stock Unit | 2023-08-31 | M | D | 1,562 | $0.00 | 28,452 | D | — · — to — | 1,562 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |