Lippe Robert A 4
4 · Liquidia Corp · Filed Jan 19, 2022
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Lippe Robert A
Chief Operations Officer
Transactions
- Award
Restricted Stock Units
2022-01-16+27,500→ 27,500 total→ Common Stock (27,500 underlying) - Award
Stock Option (Right to Buy)
2022-01-16+55,000→ 55,000 totalExercise: $6.25Exp: 2032-01-16→ Common Stock (55,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]25% of the RSUs shall vest on February 28, 2023 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter.
- [F3]The options will vest ratably on a monthly basis over four years with the first vesting date to occur on February 28, 2022 and on the last day of each month thereafter.