SEC Form 4 · accession 0001104659-18-047748
Liquidia Technologies Inc · LQDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Bloch
Director
Period of report
Jul 25, 2018
Accepted (ET)
Jul 27, 2018 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001330436
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F1 | $11.00 | Jul 25, 2018 | A | 26,986 | A | — | Jul 25, 2028 | Common Stock | 26,986 | 26,986 | D |
Explanation of responses
- F12.778% of such stock options become exercisable on August 25, 2018 and on such date every month thereafter, through the third anniversary of August 25, 2018, subject to Dr. Bloch's continuous service as of each such date.
- F2These options were granted to the Reporting Person. The Reporting Person, pursuant to arrangements with Canaan Partners VIII LLC and Canaan Management, Inc., is contractually obligated to assign the value of any remuneration received for services as a director. The Reporting Person disclaims beneficial ownership in the stock options and shares exercisable therefrom, except to the extent of his pecuniary interest therein, if any.