CHITAYAT JACK 4
4 · LIQUIDMETAL TECHNOLOGIES INC · Filed Apr 29, 2011
Insider Transaction Report
Form 4
CHITAYAT JACK
10% Owner
Transactions
- Other
Common Stock
2011-04-27$0.22/sh+3,873,325$852,132→ 3,873,325 total(indirect: Held through Atlantic Realty Group.) - Exercise/Conversion
Series A-2 Preferred Stock
2011-04-27$5.00/sh−144,968$724,840→ 109,529 total(indirect: See footnote)Exercise: $0.22→ Common Stock (3,294,717 underlying)
Footnotes (3)
- [F1]Each share of Series A Preferred Stock is convertible into shares of common stock at the time and under the circumstances described in the Amended Certificate of Designations, Preferences and Rights for Series A Preferred Stock. The Series A Preferred Stock has no expiration date.
- [F2]51,421 shares of Series A-2 Preferred Stock held indirectly through Carlyle Liquid Holdings, LLC; 58,108 shares of Series A-2 Preferred Stock held indirectly through Atlantic Realty Group.
- [F3]Represents shares acquired upon the conversion of Series A-2 Preferred Stock by Carlyle Liquid, LLC and the subsequent distribution of such shares by Carlyle Liquid, LLC to its members in proportion to their respective ownership percentages.