4//SEC Filing
JEFFS ROGER 4
Accession 0001104659-25-068117
CIK 0001819576other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 4:33 PM ET
Size
11.5 KB
Accession
0001104659-25-068117
Insider Transaction Report
Form 4
Liquidia CorpLQDA
JEFFS ROGER
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-07-11+13,833→ 1,058,812 total - Sale
Common Stock
2025-07-14$14.28/sh−20,252$289,199→ 1,038,560 total - Exercise/Conversion
Performance Stock Units
2025-07-11−13,833→ 138,336 total→ Common Stock (13,833 underlying)
Holdings
- 46,595(indirect: See footnote)
Common Stock
- 1,541,667(indirect: See footnote)
Common Stock
Footnotes (7)
- [F1]Performance stock units ("PSUs") convert into common stock on a one-for-one basis.
- [F2]On January 11, 2024, the Reporting Person was granted 221,338 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 83,002 have vested as of the date of this Form 4.
- [F3]Includes (i) 108,562 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 138,336 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 229,327 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 9,856 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
- [F4]Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
- [F5]These shares were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2023 and January 11, 2024.
- [F6]The securities are held by Roger A. Jeffs Living Trust UAD 2/29/2000 (the "Trust"). The Reporting Person is the trustee of the Trust.
- [F7]The securities are held by Serendipity BioPharma LLC ("Serendipity"). The Reporting Person is a manager of Serendipity and has sole voting and dispositive power over the Issuer common stock held by Serendipity.
Documents
Issuer
Liquidia Corp
CIK 0001819576
Entity typeother
Related Parties
1- filerCIK 0001231615
Filing Metadata
- Form type
- 4
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 4:33 PM ET
- Size
- 11.5 KB