SEC Form 4 · accession 0001104659-18-056922
Liquidia Technologies Inc · LQDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Albury
Officer — SVP, Chief Accounting Officer
Period of report
Sep 13, 2018
Accepted (ET)
Sep 14, 2018 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001330436
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 13, 2018 | M | 10,843 | $3.87 | A | 39,068 | D | |
| Common Stock | Sep 13, 2018 | F | 2,157 | $19.46 | D | 36,911 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $3.87 | Sep 13, 2018 | M | 7,713 | D | — | Nov 20, 2023 | Common Stock | 7,713 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $3.87 | Sep 13, 2018 | M | 3,130 | D | — | Nov 20, 2023 | Common Stock | 3,130 | 0 | D |
Explanation of responses
- F125% of the shares of common stock underlying such option vested on November 21, 2014, with the remaining 75% of such shares vesting in 36 equal monthly installments, becoming fully vested on November 21, 2017.
- F225% of the shares of common stock underlying such option vested on June 24, 2013, with the remaining 75% of such shares vesting in 36 equal monthly installments, becoming fully vested on June 24, 2016.