Moomaw Scott's Form 4/A amendment
AmendedLiquidia Corp (LQDA) · filed Apr 10, 2023
- Accession no.
- 0001104659-23-043618
- Filed
- Apr 10, 2023
- Trade date
- Feb 28, 2023
- Filing delay
- 41 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Mar 1, 2023
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $16.4K. It was filed 41 days after the trade.
This amendment replaces 0001104659-23-028110 (filed Mar 2, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Moomaw ScottCIK 0001832592 | Officer (Chief Commercial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2023 | Common Stock | MOption exerciseAcquired | +7,500 | –F1 | – | 103,215 | Direct | |
| Feb 28, 2023 | Common Stock | SSaleDisposed | −2,171 | $7.56 | −$16,412.76 | 101,044 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2023 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 22,500 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
Referenced by the price of 1 transaction in Table I.
- F2
On January 16, 2022, the Reporting Person was granted 30,000 RSUs with 25% vesting on February 28, 2023, and the remaining RSUs will vest ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 7,500 have vested through February 28, 2023.
- F3
Includes (i) 83,333 RSUs granted to the Reporting Person on January 11, 2023, none of which have vested as of the date of this Form 4 and (ii) 2,572 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan on February 28, 2023.
- F4
These shares were sold to cover taxes associated with the settlement of RSUs.
Remarks
This amendment is being filed solely to correct (i) the number of shares acquired by the Reporting Person under the Liquidia Corporation 2020 Employee Stock Purchase Plan in footnote 3 due to an administrative error and (ii) the amount of securities beneficially owned by the Reporting Person following the transactions reported on the original Form 4.