0001104659-24-036349.txt : 20240319 0001104659-24-036349.hdr.sgml : 20240319 20240319214843 ACCESSION NUMBER: 0001104659-24-036349 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: Schundler Russell CENTRAL INDEX KEY: 0001854414 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39724 FILM NUMBER: 24766182 MAIL ADDRESS: STREET 1: P.O. BOX 110085 CITY: RESEARCH TRIANGLE PARK STATE: NC ZIP: 27709 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 tm247887-7_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-03-15 0 0001819576 Liquidia Corp LQDA 0001854414 Schundler Russell 419 DAVIS DRIVE, SUITE 100 MORRISVILLE NC 27560 0 1 0 0 General Counsel 1 Common Stock 2024-03-15 4 M 0 2344 A 496740 D Common Stock 2024-03-18 4 S 0 715 15.82 D 496025 D Common Stock 2024-03-18 4 S 0 7938 15.82 D 488087 D Common Stock 14500 I By Spouse Restricted Stock Unit 2024-03-15 4 M 0 2344 0 D Common Stock 2344 18750 D Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. On January 16, 2022, the Reporting Person was granted 37,500 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 18,750 have vested through March 15, 2024. Includes (i) 78,125 unvested RSUs of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 110,135 unvested RSUs granted to the Reporting Person on January 11, 2024, none of which have vested as of the date of this Form 4 and (iii) 8,342 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. These shares of common stock were sold to cover taxes associated with the settlement of RSUs that were initially granted to the Reporting Person on January 16, 2022. These shares of common stock were sold to cover taxes associated with the settlement of RSUs that were initially granted to the Reporting Person on January 11, 2023. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. /s/ Russell Schundler 2024-03-19