Michael Kaseta - Aug 31, 2023 Form 4 Insider Report for Liquidia Corp (LQDA)

Role
Chief Financial Officer
Signature
/s/ Michael Kaseta
Stock symbol
LQDA
Transactions as of
Aug 31, 2023
Transactions value $
$0
Form type
4
Date filed
9/5/2023, 09:09 PM
Previous filing
Jun 2, 2023
Next filing
Oct 4, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDA Common Stock Options Exercise +2.34K +1.31% 181K Aug 31, 2023 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LQDA Restricted Stock Unit Options Exercise $0 -2.34K -4.02% $0.00 56K Aug 31, 2023 Common Stock 2.34K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 On January 16, 2022, the Reporting Person was granted 37,500 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 14,063 have vested through August 31, 2023.
F3 Includes (i) 124,667 RSUs granted to the Reporting Person on January 11, 2023, none of which have vested as of the date of this Form 4 and (ii) 1,716 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on August 31, 2023.