HireQuest, Inc. — Director's Dealing 2019

Sep 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HireQuest, Inc. (HQI)
CIK: 0001140102
Period of Report: 2019-09-23

Reporting Person: Malhotra R. Rimmy (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-23	Common Stock	A	15000	—	Acquired	27191	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	73944	Indirect

Footnotes

F1: Represents shares of restricted stock awarded to Mr. Malhotra in his capacity as a Director of the Issuer for Board of Directors service. 5,000 of these shares will vest on the day prior to the 2020 Annual Meeting of Shareholders of Issuer, and 5,000 of these shares will vest on each of the first two anniversaries of that date.

F2: Shares awarded for board service. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of grant was $7.20 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.