4//SEC Filing
Caligan Partners LP 4
Accession 0000902664-24-005425
CIK 0001819576other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 5:51 PM ET
Size
13.0 KB
Accession
0000902664-24-005425
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Caligan Partners LP
Director10% OwnerOther
Transactions
- Other
Common Stock, $0.001 par value per share ("Common Stock")
2024-08-30−3,440,948→ 6,994,997 total(indirect: See footnote) - Sale
Common Stock
2024-08-30$9.51/sh−150,000$1,426,500→ 6,844,997 total(indirect: See footnote) - Purchase
Common Stock
2024-08-30$9.51/sh+150,000$1,426,500→ 6,994,997 total(indirect: See footnote)
Holdings
- 20,359
Common Stock
JOHNSON DAVID EDWARD
Director10% OwnerOther
Transactions
- Other
Common Stock, $0.001 par value per share ("Common Stock")
2024-08-30−3,440,948→ 6,994,997 total(indirect: See footnote) - Sale
Common Stock
2024-08-30$9.51/sh−150,000$1,426,500→ 6,844,997 total(indirect: See footnote) - Purchase
Common Stock
2024-08-30$9.51/sh+150,000$1,426,500→ 6,994,997 total(indirect: See footnote)
Holdings
- 20,359
Common Stock
Footnotes (5)
- [F1]This transaction represents a pro-rata in-kind distribution by a Caligan Fund (as defined below) to limited partners for no consideration effected as of the close of trading on August 30, 2024. The shares of Common Stock were not disposed of in a sale transaction.
- [F2]Effective as of the close of trading on August 30, 2024, a consulting arrangement with a managed account to which Caligan (as defined below) served as a consultant (the "Consulting Arrangement") was terminated pursuant to its terms, and accordingly, 845,000 shares of Common Stock which were previously reported by the Reporting Persons (as defined below) that were subject to the Consulting Arrangement are no longer reported herein. The ommon Stock were not disposed of in a sale transaction. 75,000 shares of Common Stock that were previously subject to the Consulting Arrangement were received by Caligan pursuant to amounts due under the terms of the Consulting Arrangement and continue to be reported herein.
- [F3]Securities held by certain funds (the "Caligan Funds") and managed accounts (the "Caligan Accounts", and together with the Caligan Funds, the "Caligan Funds and Accounts") to which Caligan serves as investment manager and related entities. David Johnson ("Mr. Johnson", and together with Caligan, the "Reporting Persons") is the Managing Partner of Caligan and a Managing Member of Caligan Partners GP LLC, the general partner of Caligan.
- [F4]Represents a transaction between the Caligan Funds.
- [F5]Mr. Johnson is deemed to hold the securities reported herein for the benefit of the Caligan Funds and Accounts, and may, after vesting, if applicable, transfer the securities directly to the Caligan Funds and Accounts.
Documents
Issuer
Liquidia Corp
CIK 0001819576
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001727492
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 5:51 PM ET
- Size
- 13.0 KB