0001104659-24-068420.txt : 20240604
0001104659-24-068420.hdr.sgml : 20240604
20240604212522
ACCESSION NUMBER: 0001104659-24-068420
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240531
FILED AS OF DATE: 20240604
DATE AS OF CHANGE: 20240604
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: 241020554
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
tm2416451-2_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-05-31
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
2024-05-31
4
M
0
2344
A
488371
D
Common Stock
2024-06-03
4
S
0
710
14.55
D
487661
D
Common Stock
14500
I
By Spouse
Restricted Stock Unit
2024-05-31
4
M
0
2344
0
D
Common Stock
2344
16406
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 21,904 have vested through May 31, 2024.
Includes (i) 71,615 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.
The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
/s/ Russell Schundler
2024-06-04