Yeung Tak Lugee Li - 12 Mar 2025 Form 4 Insider Report for LIQUIDMETAL TECHNOLOGIES INC (LQMT)

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

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LQMT	Stock Option (right-to-buy)	Award	$0	+3,000,000	$0.000000	3,000,000	12 Mar 2025	Common Stock Par Value $0.001	3,000,000	$0.0400	Direct	F1
holding	LQMT	Stock Option (right-to-buy)					200,000	12 Mar 2025	Common Stock Par Value $0.001	200,000	$0.0900	Direct	F2
holding	LQMT	Stock Option (right-to-buy)					700,000	12 Mar 2025	Common Stock Par Value $0.001	700,000	$0.1300	Direct	F3
holding	LQMT	Common Stock Purchase Warrant					10,066,809	12 Mar 2025	Common Stock Par Value $0.001	10,066,809	$0.0700	By Liquidmetals Technology Limited	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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	Represents an option granted under the Company's 2015 Equity Incentive Plan. The shares covered by the option vest monthly over three years with the option being 100% vested on the third anniversary of the date of grant.
F3	Represents an option granted under the Company's 2015 Equity Incentive Plan. The shares covered by the option vested 20% on the first year anniversary date from the date of grant. Thereafter, the shares covered by the option vested monthly over 4 years with the option being 100% vested on the fifth anniversary of the date of grant.
F4	Liquidmetal Technology Limited holds such common stock purchase warrant. Mr. Li is the sole shareholder, executive officer and director of Liquidmetal Technology Limited.