CHITAYAT JACK 4
4 · LIQUIDMETAL TECHNOLOGIES INC · Filed Jun 13, 2011
Insider Transaction Report
Form 4
CHITAYAT JACK
10% Owner
Transactions
- Other
Series A-2 Preferred Stock
2011-04-29$5.00/sh−51,420$257,100→ 58,108 total(indirect: Held by Atlantic Realty Group)Exercise: $0.22→ Common Stock (1,168,636 underlying) - Other
Warrant (right to buy)
2011-04-27$0.50/sh−1,680,977$840,489→ 3,688,994 total(indirect: By LLC)Exercise: $0.49From: 2009-05-01Exp: 2015-07-31→ Common Stock (1,680,977 underlying) - Other
Warrant (right to buy)
2011-04-29$0.50/sh−1,334,236$667,118→ 2,354,762 total(indirect: Held by Atlantic Realty Group)Exercise: $0.49From: 2009-05-01Exp: 2015-07-31→ Common Stock (1,334,236 underlying) - Other
Series A-1 Preferred Stock
2011-04-29$5.00/sh−28,928$144,640→ 0 total(indirect: By LLC)Exercise: $0.10→ Common Stock (1,446,400 underlying)
Footnotes (4)
- [F1]Warrants were disposed/acquired upon distribution of such warrants by Carlyle Liquid, LLC to its members in a pro-rata liquidation of the warrants. This transaction transferred the ownership from Carlyle Liquid, LLC to Atlantic Realty Group, which is owned and managed by Mr. Chitayat, and merely changed the form of beneficial ownership.
- [F2]The shares of Series A Preferred Stock were previously held by Carlyle Liquid Holdings, LLC ("CLH"). This transaction transferred the ownership from CLH to Mr. Chitayat in a pro-rata distribution of the shares. This transaction merely changed the form of beneficial ownerhsip.
- [F3]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.
- [F4]Warrants were previously held by Carlyle Liquid Holdings, LLC ("CLH"). This transaction transferred the ownership from CLH to Mr. Chitayat in a pro-rata distribution of the shares and merely changed the form of beneficial ownership.