LIQUIDMETAL TECHNOLOGIES INC 4
4 · LIQUIDMETAL TECHNOLOGIES INC · Filed Feb 22, 2016
Insider Transaction Report
Form 4
Gillis Scott
Director
Transactions
- Award
Stock Option
2016-02-17$0.07/sh+400,000$28,000→ 400,000 totalExercise: $0.07Exp: 2026-02-17→ Common Stock (400,000 underlying) - Award
Stock Option
2015-01-27$0.14/sh+400,000$56,000→ 400,000 totalExercise: $0.14Exp: 2025-01-27→ Common Stock (400,000 underlying)
Holdings
- 7,000
Common Stock
- 0(indirect: By Spouse)
Common Stock
- 453,414
Options to Purchase Common Stock
Exercise: $0.29Exp: 2024-02-05→ Common Stock (453,414 underlying) - 0(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]The shares reported in column 7 will vest over a 5-year period on the following schedule: the shares vest 20% on the first anniversary of the date of grant; with the remaining 80% vesting at 1.666% per consecutive calendar month thereafter through and including the fifth anniversary of the date of grant.
- [F2]The 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. Form 4 for option grant was inadvertently not timely filed, but grant was reported on Form 8-K filed by issuer on February 9, 2015.
- [F3]The 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.