Paul B. Manning - Jun 17, 2025 Form 4 Insider Report for Liquidia Corp (LQDA)

Role
Director
Signature
/s/ Paul B. Manning
Stock symbol
LQDA
Transactions as of
Jun 17, 2025
Transactions value $
$0
Form type
4
Date filed
6/20/2025, 04:32 PM
Previous filing
Jun 3, 2025
Next filing
Jun 26, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Manning Paul B Director 419 DAVIS DRIVE, SUITE 100, MORRISVILLE /s/ Paul B. Manning 2025-06-20 0001494695

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDA Common Stock Award $0 +18.4K +90.36% $0.00 38.8K Jun 17, 2025 Direct F6
holding LQDA Common Stock 816K Jun 17, 2025 See footnote F1
holding LQDA Common Stock 436K Jun 17, 2025 See footnote F2
holding LQDA Common Stock 198K Jun 17, 2025 See footnote F3
holding LQDA Common Stock 1.1M Jun 17, 2025 See footnote F4
holding LQDA Common Stock 898K Jun 17, 2025 See footnote F5
holding LQDA Common Stock 3.13M Jun 17, 2025 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of Tiger Lily Capital, LLC ("Tiger Lily"), the manager of BKB, and has shared voting and investment power with respect to the shares held by BKB.
F2 The securities are held by PBM Capital Finance, LLC ("PBM"). The Reporting Person is the manager and sole beneficial owner of PBM.
F3 The securities are held by PD Joint Holdings, LLC Series 2016-A ("PD"). The Reporting Person is a co-manager of Tiger Lily, the manager of PD, and has shared voting and investment power with respect to the shares held by PD.
F4 The shares are held directly by the PBM 2024 Grantor Retained Annuity Trust (the "PBM 2024 GRAT"). The Reporting Person is the trustee of the PBM 2024 GRAT and has sole voting and investment power with respect to the shares held by the PBM 2024 GRAT.
F5 The shares are held directly by the Paul B. Manning Revocable Trust (the "PBM 2000 Trust"). The Reporting Person is the trustee of the PBM 2000 Trust and has sole voting and investment power with respect to the shares held by the PBM 2000 Trust.
F6 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. The RSUs shall vest upon the earlier of (i) the one-year anniversary of the date of grant or (ii) the day prior to the Issuer's next annual shareholder meeting following the date of grant.
F7 The shares are held by Reporting Person jointly with his spouse.