Transaction Details

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. | On January 16, 2022, the Reporting Person was granted 30,000 RSUs with 25% vesting on February 28, 2023 and the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 24,375 have vested through May 30, 2025. | Includes (i) 36,458 unvested RSUs of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 34,184 unvested RSUs of the 49,723 RSUs granted to the Reporting Person on January 11, 2024, (iii) 69,729 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 11,002 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. | These shares were sold to cover taxes associated with the settlement of RSUs. | Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on June 13, 2022.