SEC Form 4 · accession 0001140361-16-054389
LIQUIDMETAL TECHNOLOGIES INC · LQMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter Eugen Weyler
Director
Period of report
Feb 17, 2016
Accepted (ET)
Feb 22, 2016 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001141240
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $0.07 | Feb 17, 2016 | A | 400,000 | A | — | Feb 17, 2026 | Common Stock | 400,000 | 400,000 | D |
| Stock Options (Right to Buy)F1 | $0.10 | holding | — | — | — | — | Sep 30, 2025 | Common Stock | 800,000 | 800,000 | D |
Explanation of responses
- F1The stock options vest 20% on the first anniversary of the date of grant, with the remaining 80% vesting ratably over the ensuing 48 months.
- F2The shares covered by the Option shall vest 20% on the first year anniversary date from the date of grant. Thereafter, the shares covered by the Option shall vest monthly over 4 years with the Option being 100% vested on the fifth anniversary of the date of grant.