Malhotra R. Rimmy 4
4 · HireQuest, Inc. · Filed May 15, 2024
Insider Transaction Report
Form 4
Malhotra R. Rimmy
Director
Transactions
- Award
Common Stock
2024-05-14+1,402→ 77,012 total
Holdings
- 120,130(indirect: See FN)
Common Stock
Footnotes (3)
- [F1]Represents shares of restricted stock awarded to Mr. Malhotra in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 1,169 of these shares vest on August 15, 2024 and 234 shares vest on May 15, 2026.
- [F2]Shares awarded for board service. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $12.30 per share.
- [F3]Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Fund, LLC. Mr. Malhotra disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.