0001104659-24-036353.txt : 20240319 0001104659-24-036353.hdr.sgml : 20240319 20240319215001 ACCESSION NUMBER: 0001104659-24-036353 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240315 FILED AS OF DATE: 20240319 DATE AS OF CHANGE: 20240319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Adair Jason CENTRAL INDEX KEY: 0001747055 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39724 FILM NUMBER: 24766188 MAIL ADDRESS: STREET 1: C/O LIQUIDIA TECHNOLOGIES, INC. STREET 2: 419 DAVIS DRIVE, SUITE 100 CITY: MORRISVILLE STATE: NC ZIP: 27560 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Liquidia Corp CENTRAL INDEX KEY: 0001819576 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 851710962 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 419 DAVIS DRIVE, SUITE 100 CITY: MORRISVILLE STATE: NC ZIP: 27560 BUSINESS PHONE: 919.328.4400 MAIL ADDRESS: STREET 1: 419 DAVIS DRIVE, SUITE 100 CITY: MORRISVILLE STATE: NC ZIP: 27560 4 1 tm247887-8_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-03-15 0 0001819576 Liquidia Corp LQDA 0001747055 Adair Jason 419 DAVIS DRIVE, SUITE 100 MORRISVILLE NC 27560 0 1 0 0 Chief Business Officer 1 Common Stock 2024-03-15 4 M 0 15625 A 113037 D Common Stock 2024-03-18 4 M 0 260 A 113297 D Common Stock 2024-03-18 4 S 0 4581 15.82 D 108716 D Common Stock 2024-03-18 4 S 0 76 15.5 D 108640 D Restricted Stock Unit 2024-03-15 4 M 0 15625 0 D Common Stock 15625 46875 D Restricted Stock Unit 2024-03-18 4 M 0 260 0 D Common Stock 260 0 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. On January 11, 2023, the Reporting Person was granted 62,500 RSUs with 25% of the RSUs vesting on the one-year anniversary of the date of grant and the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 15,625 have vested through March 15, 2024. On March 18, 2020, the Reporting Person was granted 4,167 RSUs and such RSUs have fully vested as of March 18, 2024. Includes (i) 39,588 RSUs granted to the Reporting Person on January 11, 2024, none of which have vested as of the date of this Form 4, (ii) 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 (iii) 8,059 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. These shares were sold to cover taxes associated with the settlement of RSUs that were initially granted to the Reporting Person on January 11, 2023. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. These shares were sold to cover taxes associated with the settlement of RSUs that were initially granted to the Reporting Person on March 18, 2020. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 4, 2020. /s/ Jason Adair 2024-03-19