Liquidia Corp — Director's Dealing 2024

Sep 16, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liquidia Corp (LQDA)
CIK: 0001819576
Period of Report: 2024-09-12

Reporting Person: Manning Paul B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-12	Common Stock	P	337078	$8.90	Acquired	816311	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	435674	Indirect
Common Stock	198413	Indirect
Common Stock	2000000	Indirect
Common Stock	20359	Direct
Common Stock	3131794	Direct

Footnotes

F1: Represents shares of common stock purchased by the Reporting Person at the public offering price in connection with the Issuer's underwritten public offering of common stock, which closed on September 12, 2024, and such shares of common stock are subject to a lock up agreement between the Reporting Person and BofA Securities, Inc., pursuant to which the shares cannot be sold for 90 days following September 11, 2024.

F2: The securities are held by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of Tiger Lily Capital, LLC ("Tiger Lily"), the manager of BKB, and has shared voting and investment power with respect to the shares held by BKB.

F3: The securities are held by PBM Capital Finance, LLC ("PBM"). The Reporting Person is the manager and sole beneficial owner of PBM.

F4: The securities are held by PD Joint Holdings, LLC Series 2016-A ("PD"). The Reporting Person is a co-manager of Tiger Lily, the manager of PD, and has shared voting and investment power with respect to the shares held by PD.

F5: The shares are held directly by The PBM 2024 Grantor Retained Annuity Trust (the "PBM 2024 GRAT"). The Reporting Person is the trustee of the PBM 2024 GRAT and has sole voting and investment power with respect to the shares held by the PBM 2024 GRAT.

F6: Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. The RSUs shall vest upon the earlier of (i) the one-year anniversary of the date of grant or (ii) the day prior to the Issuer's next annual shareholder meeting following the date of grant.

F7: The shares are held by Reporting Person jointly with his spouse.