Filing Details

Accession Number:
0001654954-19-013236
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-20 16:16:37
Reporting Period:
2019-11-18
Accepted Time:
2019-11-20 16:16:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1140102 Hirequest Inc. HQI Services-Help Supply Services (7363) 912084501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1442755 Rimmy R. Malhotra 111 Springhall Drive
Goose Creek SC 29445
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-11-18 2,421 $0.00 29,612 No 4 A Direct
Common Stock Acquisiton 2019-11-18 5,000 $6.00 34,612 No 4 P Direct
Common Stock Acquisiton 2019-11-19 3,400 $6.04 38,012 No 4 P Direct
Common Stock Acquisiton 2019-11-20 5,000 $6.15 43,012 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 73,944 Indirect See FN
Footnotes
  1. Represents shares of restricted stock awarded to Mr. Malhotra in his capacity as a Director of the Issuer for Board of Directors services. 2,018 of these shares will vest on February 19, 2020, and 403 of these shares will vest on November 18, 2021. This share award represents compensation in-lieu of a quarterly cash retainer.
  2. Shares awarded for board service. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $5.95 per share.
  3. The price reported is a weighted average price. The shares reported herein were purchased in multiple transactions. The range of prices for the transactions reported in this line was $5.98 - $6.01 per share. Mr. Malhotra undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
  4. The price reported is a weighted average price. The shares reported herein were purchased in multiple transactions. The range of prices for the transactions reported in this line was $6.04 - $6.05 per share. Mr. Malhotra undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
  5. Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital LLC, which is the managing member of Nicoya Fund, LLC. Mr. Malhotra disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.