Transaction Details

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. | 25% of the RSUs shall vest on July 11, 2026 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter. | Includes (i) 40,381 unvested RSUs of the 61,465 RSUs granted to the Reporting Person on January 11, 2024, (ii) 12,459 RSUs granted to the Reporting Person on July 1, 2024, none of which have vested as of July 1, 2025, (iii) 50,861 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of July 1, 2025 and (iv) 4,472 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.