Liquidia Corp — Director's Dealing 2023

Jan 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liquidia Corp (LQDA)
CIK: 0001819576
Period of Report: 2023-01-11

Reporting Person: Schundler Russell (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-11	Common Stock	A	104167	—	Acquired	361679	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-11	Stock Option (Right to Buy)	$6.17	A	133547	Disposed	2033-01-11	Common Stock (133547)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14500	Indirect

Footnotes

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

F2: 25% of the RSUs shall vest on January 11, 2024 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter.

F3: The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

F4: The options will vest ratably on a monthly basis over four years with the first vesting date to occur on February 11, 2023 and on the last day of each month thereafter.