Shah Tushar 4
4 · Liquidia Corp · Filed Jan 19, 2022
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Shah Tushar
CMO and Head of R&D
Transactions
- Award
Restricted Stock Units
2022-01-16+35,000→ 35,000 total→ Common Stock (35,000 underlying) - Award
Stock Option (Right to Buy)
2022-01-16+70,000→ 70,000 totalExercise: $6.25Exp: 2032-01-16→ Common Stock (70,000 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.