Roger Jeffs - Jan 3, 2022 Form 4 Insider Report for Liquidia Corp (LQDA)

Role
Chief Executive Officer, Director
Signature
/s/ Roger A. Jeffs Ph.D.
Stock symbol
LQDA
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2022, 04:05 PM
Previous filing
Nov 23, 2021
Next filing
Mar 8, 2022

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 Non-Qualified Stock Option (right to buy) Award $0 +1.68M +2094.29% $0.00 1.76M Jan 3, 2022 Common Stock 1.68M $5.14 Direct F1
transaction LQDA Restricted Stock Unit Award $0 +63.2K $0.00 63.2K Jan 3, 2022 Common Stock 63.2K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the grant will become vested and exercisable or settled, as applicable, on first anniversary of the transaction date and the balance will become vested and exercisable or settled, as applicable, in equal monthly installments over the following thirty-six (36) months.
F2 Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common shares without payment of specific consideration.
F3 25% of the grant will become vested quarterly through the first anniversary of the transaction date.
F4 Not applicable.

Remarks:

Exhibit 24 - Power of Attorney