Liquidia Corp — Director's Dealing 2023

Dec 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liquidia Corp (LQDA)
CIK: 0001819576
Period of Report: 2023-11-30

Reporting Person: Adair Jason (Chief Business Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-30	Common Stock	M	1563	—	Acquired	55200	Direct
2023-11-30	Common Stock	S	452	$7.28	Disposed	54478	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-30	Restricted Stock Unit	$	M	1563	Disposed		Common Stock (1563)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

F2: On January 16, 2022, the Reporting Person was granted 25,000 RSUs with 25% vesting on February 28, 2023, with the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 10,938 have vested through November 30, 2023.

F3: Includes (i) 25,000 RSUs granted to the Reporting Person on July 6, 2023, none of which have vested as of the date of this Form 4 and (ii) 6,274 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

F4: These shares were sold to cover taxes associated with the settlement of RSUs.

F5: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on June 13, 2022.