Form 4 for LQDA Liquidia Corp
Accepted 2023-12-20 00:00:00 ET · period of report 2023-12-18 · accession 0001104659-23-127785 · 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 | 2023-12-20 | 2023-12-18 | LQDA | Adair Jason | Chief Business Off | M - OptEx | — | +261 | 55.0K | +0.5% | — |
| D | 2023-12-20 | 2023-12-18 | LQDA | Adair Jason | Chief Business Off | S - Sale+OE | $7.70 | -77 | 54.9K | -0.1% | -$592.90 |
| D | 2023-12-20 | 2023-12-18 | LQDA | Adair Jason | Chief Business Off | M - OptEx | $0.00 | -261 | 260 | -50% | $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 | 2023-12-18 | M | A | 261 | — | 55,009 | D | — | — | (F2) On March 18, 2020, the Reporting Person was granted 4,167 RSUs with 25% vesting on March 18, 2021, with the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 3,906 have vested through December 18, 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) 6,274 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. The amount of securities beneficially owned by the Reporting Person following the transactions reported herein has been corrected due to an administrative error in the Reporting Person's previous Form 4. |
| 2 | Common | Common Stock | 2023-12-18 | S | D | 77 | $7.70 | 54,932 | D | — | — | (F5) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 14, 2020. (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) 6,274 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. The amount of securities beneficially owned by the Reporting Person following the transactions reported herein has been corrected due to an administrative error in the Reporting Person's previous Form 4. |
| 3 | Derivative | Restricted Stock Unit | 2023-12-18 | M | D | 261 | $0.00 | 260 | D | — · — to — | 261 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |