Form 4 for LQDA Liquidia Corp
Accepted 2025-07-15 00:00:00 ET · period of report 2025-07-11 · accession 0001104659-25-068117 · 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 | 2025-07-15 | 2025-07-11 | LQDA | JEFFS ROGER | CEO, Dir | M - OptEx | — | +13.8K | 1.06M | +1% | — |
| D | 2025-07-15 | 2025-07-14 | LQDA | JEFFS ROGER | CEO, Dir | S - Sale+OE | $14.28 | -20.3K | 1.04M | -2% | -$289.2K |
| D | 2025-07-15 | 2025-07-11 | LQDA | JEFFS ROGER | CEO, Dir | M - OptEx | $0.00 | -13.8K | 138.3K | -9% | $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 | 2025-07-11 | M | A | 13,833 | — | 1,058,812 | D | — | — | (F2) On January 11, 2024, the Reporting Person was granted 221,338 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 83,002 have vested as of the date of this Form 4. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F3) Includes (i) 108,562 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 138,336 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 229,327 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 9,856 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2025-07-14 | S | D | 20,252 | $14.28 | 1,038,560 | D | — | — | (F5) These shares were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2023 and January 11, 2024. (F3) Includes (i) 108,562 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 138,336 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 229,327 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 9,856 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 3 | Derivative | Performance Stock Units | 2025-07-11 | M | D | 13,833 | $0.00 | 138,336 | D | — · — to — | 13,833 Common Stock | (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. |