Form 4 for LQDA Liquidia Corp
Accepted 2023-09-05 00:00:00 ET · period of report 2023-08-31 · accession 0001104659-23-098427 · 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 | Lippe Robert A | Chief Ops Off | M - OptEx | — | +1,719 | 193.1K | +0.9% | — |
| D | 2023-09-05 | 2023-08-31 | LQDA | Lippe Robert A | Chief Ops Off | S - Sale+OE | $6.88 | -505 | 192.6K | -0.3% | -$3,474 |
| D | 2023-09-05 | 2023-08-31 | LQDA | Lippe Robert A | Chief Ops Off | M - OptEx | $0.00 | -1,719 | 107.9K | -2% | $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 | M | A | 1,719 | — | 193,072 | D | — | — | (F2) On January 16, 2022, the Reporting Person was granted 27,500 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 10,313 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) 83,333 RSUs granted to the Reporting Person on January 11, 2023, none of which have vested as of the date of this Form 4, (ii) 10,833 RSUs granted to the Reporting Person on March 18, 2020, 8,802 of which have vested as of the date of this Form 4, and (iii) 1,707 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on August 31, 2023. |
| 2 | Common | Common Stock | 2023-08-31 | S | D | 505 | $6.88 | 192,567 | D | — | — | (F4) These shares were sold to cover taxes associated with the settlement of RSUs. (F3) Includes (i) 83,333 RSUs granted to the Reporting Person on January 11, 2023, none of which have vested as of the date of this Form 4, (ii) 10,833 RSUs granted to the Reporting Person on March 18, 2020, 8,802 of which have vested as of the date of this Form 4, and (iii) 1,707 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on August 31, 2023. |
| 3 | Derivative | Restricted Stock Unit | 2023-08-31 | M | D | 1,719 | $0.00 | 107,880 | D | — · — to — | 1,719 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |