SEC Form 4 · accession 0001104659-19-012066
Liquidia Technologies Inc · LQDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Maynor
Officer — SVP, Research and Development
Period of report
Feb 28, 2019
Accepted (ET)
Mar 1, 2019 · 5:00 pm EST
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 | Feb 28, 2019 | M | 2,187 | $1.85 | A | 6,355 | D | |
| Common Stock | Feb 28, 2019 | S | 50 | $18.95 | D | 6,305 | D | |
| Common StockF2 | Feb 28, 2019 | S | 2,137 | $19.86 | D | 4,168 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $1.85 | Feb 28, 2019 | M | 2,187 | D | May 12, 2011 | Nov 23, 2020 | Common Stock | 2,187 | 6,132 | D |
Explanation of responses
- F1The partial option exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 8, 2018.
- F2The price in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.52 to $20.04, inclusive. The reporting person undertakes to provide to Liquidia Technologies, Inc., any holder of Liquidia Technologies, Inc. stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.