4//SEC Filing
Kaseta Michael 4
Accession 0001104659-25-068120
CIK 0001819576other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 4:34 PM ET
Size
9.9 KB
Accession
0001104659-25-068120
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Kaseta Michael
CFO and COO
Transactions
- Sale
Common Stock
2025-07-14$14.28/sh−11,580$165,362→ 406,412 total - Exercise/Conversion
Common Stock
2025-07-11+5,828→ 417,992 total - Exercise/Conversion
Performance Stock Units
2025-07-11−5,828→ 58,281 total→ Common Stock (5,828 underlying)
Footnotes (5)
- [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 93,250 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 34,969 have vested as of the date of this Form 4.
- [F3]Includes (i) 46,750 unvested restricted stock units ("RSUs") of the 124,667 RSUs granted to the Reporting Person on January 11, 2023, (ii) 58,281 unvested RSUs and 31,250 unvested RSUs of the 93,250 RSUs and 50,000 RSUs granted to the Reporting Person on January 11, 2024 and January 15, 2024, respectively, (iii) 112,797 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) 10,417 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 of common stock 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.
Documents
Issuer
Liquidia Corp
CIK 0001819576
Entity typeother
Related Parties
1- filerCIK 0001724346
Filing Metadata
- Form type
- 4
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 4:34 PM ET
- Size
- 9.9 KB