Isaac Bresnick - 12 Mar 2024 Form 4 Insider Report for LIQUIDMETAL TECHNOLOGIES INC (LQMT)

Signature
/s/ Isaac Bresnick
Issuer symbol
LQMT
Transactions as of
12 Mar 2024
Net transactions value
$0
Form type
4
Filing time
28 Mar 2024, 18:03:24 UTC
Next filing
14 Mar 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LQMT Stock Option Award $0 +2,000,000 $0.000000 2,000,000 12 Mar 2024 Common Stock 2,000,000 $0.0500 Direct F1
holding LQMT Stock Option 700,000 12 Mar 2024 Common Stock 700,000 $0.2500 Direct F2
holding LQMT Stock Option 240,000 12 Mar 2024 Common Stock 240,000 $0.2300 Direct F2
holding LQMT Stock Option 900,000 12 Mar 2024 Common Stock 900,000 $0.0900 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares covered by the Option shall vest 33.33% on the first year anniversary date from the date of grant. Thereafter, the shares covered by the Option shall vest monthly over 24 months with the Option being 100% vested on the third anniversary of the date of grant.
F2 This option is presently exercisable in full.