Form 4 for LQDA Liquidia Corp
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001104659-24-036353 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-19 | 2024-03-18 | LQDA | Adair Jason | Chief Business Off | S - Sale+OE | $15.81 | -4,657 | 108.7K | -4% | -$73.6K |
| DM | 2024-03-19 | 2024-03-15+ | LQDA | Adair Jason | Chief Business Off | M - OptEx | — | +15.9K | 113.0K | +16% | — |
| DM | 2024-03-19 | 2024-03-15+ | LQDA | Adair Jason | Chief Business Off | M - OptEx | $0.00 | -15.9K | 0 | -100% | $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 | 2024-03-18 | S | D | 76 | $15.50 | 108,640 | D | — | — | (F8) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 4, 2020. (F4) Includes (i) 39,588 RSUs granted to the Reporting Person on January 11, 2024, none of which have vested as of the date of this Form 4, (ii) 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 (iii) 8,059 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2024-03-18 | S | D | 4,581 | $15.82 | 108,716 | D | — | — | (F6) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. (F4) Includes (i) 39,588 RSUs granted to the Reporting Person on January 11, 2024, none of which have vested as of the date of this Form 4, (ii) 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 (iii) 8,059 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 3 | Common | Common Stock | 2024-03-18 | M | A | 260 | — | 113,297 | D | — | — | (F2) On January 11, 2023, the Reporting Person was granted 62,500 RSUs with 25% of the RSUs vesting on the one-year anniversary of the date of grant and the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 15,625 have vested through March 15, 2024. (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F4) Includes (i) 39,588 RSUs granted to the Reporting Person on January 11, 2024, none of which have vested as of the date of this Form 4, (ii) 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 (iii) 8,059 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 4 | Common | Common Stock | 2024-03-15 | M | A | 15,625 | — | 113,037 | D | — | — | (F3) On March 18, 2020, the Reporting Person was granted 4,167 RSUs and such RSUs have fully vested as of March 18, 2024. (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F4) Includes (i) 39,588 RSUs granted to the Reporting Person on January 11, 2024, none of which have vested as of the date of this Form 4, (ii) 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 (iii) 8,059 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 5 | Derivative | Restricted Stock Unit | 2024-03-15 | M | D | 15,625 | $0.00 | 46,875 | D | — · — to — | 15,625 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
| 6 | Derivative | Restricted Stock Unit | 2024-03-18 | M | D | 260 | $0.00 | 0 | D | — · — to — | 260 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |