Filing Details

CUSIP No.  53635D202

 

1.

Names of Reporting Persons
Bill & Melinda Gates Foundation

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

☐

 

 

(b)

☐

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization 
State of Washington

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power 
-0-

 

6.

Shared Voting Power 
797,073⁽¹⁾ 

 

7.

Sole Dispositive Power 
-0-

 

8.

Shared Dispositive Power 
797,073⁽¹⁾

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
797,073⁽¹⁾

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐

 

 

11.

Percent of Class Represented by Amount in Row (9)
5.1% ⁽²⁾

 

 

12.

Type of Reporting Person (See Instructions)
OO

For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all shares of Common Stock (the “Common Stock”) of Liquidia Technologies, Inc. (the “Issuer”) beneficially owned by the Bill & Melinda Gates Foundation (the “Foundation”) may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Foundation.

Based on 15,478,286 shares of Common Stock outstanding, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 31, 2018.

CUSIP No.  53635D202

 

1.

Names of Reporting Persons
William H. Gates III

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

☐

 

 

(b)

☐

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization 
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power 
-0-

6.

Shared Voting Power 
797,073⁽¹⁾ 

7.

Sole Dispositive Power 
-0-

8.

Shared Dispositive Power 
797,073⁽¹⁾

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
797,073⁽¹⁾

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐

 

11.

Percent of Class Represented by Amount in Row (9)
5.1%⁽²⁾

 

12.

Type of Reporting Person (See Instructions)
IN

Bill & Melinda Gates Foundation (the “Foundation”) beneficially owns 797,073 shares of Common Stock (the “Common Stock”) of Liquidia Technologies, Inc. (the “Issuer”).  For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all shares of Common Stock beneficially owned by the Foundation may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Foundation.

Based on 15,478,286 shares of Common Stock outstanding, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 31, 2018.

CUSIP No.  53635D202

 

1.

Names of Reporting Persons
Melinda French Gates

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

☐

 

 

(b)

☐

 

3.

SEC Use Only

 

4.

Citizenship or Place of Organization 
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power 
-0-

6.

Shared Voting Power 
797,073⁽¹⁾ 

7.

Sole Dispositive Power 
-0-

8.

Shared Dispositive Power 
797,073⁽¹⁾

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
797,073⁽¹⁾

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐

 

11.

Percent of Class Represented by Amount in Row (9)
5.1%⁽²⁾

 

12.

Type of Reporting Person (See Instructions)
IN

Bill & Melinda Gates Foundation (the “Foundation”) beneficially owns 797,073 shares of Common Stock (the “Common Stock”) of Liquidia Technologies, Inc. (the “Issuer”).  For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all shares of Common Stock beneficially owned by the Foundation may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Foundation.

Based on 15,478,286 shares of Common Stock outstanding, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 31, 2018.

Item 1.

 

(a)

Name of Issuer:
Liquidia Technologies, Inc. (the “Issuer”)

 

(b)

Address of Issuer’s Principal Executive Offices:

419 Davis Drive, Suite 100, Morrisville, North Carolina  27560

Item 2.

 

(a)

Name of Person Filing:
Bill & Melinda Gates Foundation (the “Foundation”), Melinda French Gates, and William H. Gates III (together, the “Reporting Persons”)⁽¹⁾

 

(b)

Address of Principal Business Office or, if none, Residence:
Foundation - 500 Fifth Avenue North, Seattle, Washington 98109

Mr. Gates – One Microsoft Way, Redmond, Washington 98052

Mrs. Gates – 500 Fifth Avenue North, Seattle, Washington 98109

 

(c)

Citizenship:
The Foundation is a charitable trust organized under the laws of the State of Washington.

Mr. and Mrs. Gates are citizens of the United States of America.

 

(d)

Title of Class of Securities: 
Common Stock, $0.001 par value per share.

 

(e)

CUSIP Number:

53635D202

 

 

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not Applicable.

 

Item 4.

Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:

See the responses to Item 9 on the attached cover pages.

 

(b)

Percent of class:

See the responses to Item 11 on the attached cover pages.

 

(c)

Number of shares as to which the person has: 

 

 

(i)

Sole power to vote or to direct the vote

See the responses to Item 5 on the attached cover pages.

 

 

(ii)

Shared power to vote or to direct the vote

See the responses to Item 6 on the attached cover pages.

 

 

(iii)

Sole power to dispose or to direct the disposition of

See the responses to Item 7 on the attached cover pages.

 (iv)

Shared power to dispose or to direct the disposition of

See the responses to Item 8 on the attached cover pages.

Item 5.

Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

 

Not Applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

Not Applicable.

 

Item 8.

Identification and Classification of Members of the Group.

 

Not Applicable.

 

Item 9.

Notice of Dissolution of Group.

 

Not Applicable.

 

Item 10.

Certification.

Not Applicable.

Date:  February 13, 2019

BILL & MELINDA GATES FOUNDATION

 

 

 

By:

/s/ Connie Collingsworth

 

 

 

Name:

Connie Collingsworth

 

 

Title:

Chief Business Operations and Legal Officer

WILLIAM H. GATES III

 

By:

*

 

 

 

Name:

Connie Collingsworth ⁽¹⁾

 

 

Title:

Attorney-in-fact

 

MELINDA FRENCH GATES

 

By:

*

 

 

 

Name:

Connie Collingsworth ⁽¹⁾

 

 

Title:

Attorney-in-fact

 

*By:

/s/

Connie Collingsworth

 

 

 

 

Connie Collingsworth

Date:  February 13, 2019

BILL & MELINDA GATES FOUNDATION

 

 

By:

/s/ Connie Collingsworth

 

 

 

Name:

Connie Collingsworth

 

 

Title:

Chief Business Operations and Legal Officer

WILLIAM H. GATES III

 

By:

*

 

 

 

Name:

Connie Collingsworth ⁽¹⁾

 

 

Title:

Attorney-in-fact

 

MELINDA FRENCH GATES

 

By:

*

 

 

 

Name:

Connie Collingsworth ⁽¹⁾

 

 

Title:

Attorney-in-fact

 

*By:

/s/

Connie Collingsworth

 

 

 

 

Connie Collingsworth