Jack Olmstead - 14 Feb 2023 Form 4 Insider Report for HireQuest, Inc. (HQI)

Role
Director
Signature
/s/ Jack Olmstead
Issuer symbol
HQI
Transactions as of
14 Feb 2023
Transactions value $
$0
Form type
4
Filing time
15 Feb 2023, 15:05:53 UTC
Previous filing
26 Oct 2022
Next filing
24 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQI Common Stock Award +617 +2.06% 30.5K 14 Feb 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock awarded to Mr. Olmstead in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 514 of these shares vest on May 15, 2023 and 103 shares vest on February 15, 2025.
F2 Shares awarded for board service. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $21.88 per share.