Form 4/A for HQI HireQuest, Inc.
Accepted 2022-05-17 00:00:00 ET · period of report 2022-03-03 · accession 0001654954-22-007065 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 2022-05-17 | 2022-03-03 | HQI | Hermanns Richard | Pres, CEO, Dir, 10% | A - Grant | — | +30.8K | 3.44M | +0.9% | — |
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 | 2022-03-03 | A | A | 30,845 | — | 3,441,284 | D | — | — | (F2) Due to an error, the original amount of shares vesting on March 3, 2024 was reported as 5,875. These shares represent a 20% match for compensation taken as stock in lieu of cash. However, pursuant to Mr. Hermanns' employment agreement, such match may not exceed $25,000 in value in any year. Accordingly, this amendment has been filed to correct that error. (F1) Represents shares of restricted stock awarded to Mr. Hermanns in his capacity as an Officer of the Company for an annual bonus in lieu of cash compensation. 29,377 of these shares will vest on June 3, 2022, and 1,468 will vest on March 3, 2024. (F3) Shares awarded as annual bonus. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $17.02 per share. |