CHO CK 5
5 · LIQUIDMETAL TECHNOLOGIES INC · Filed May 27, 2009
Insider Transaction Report
Form 5
CHO CK
Director
Transactions
- Other
Convertible Subordinated Note
2008-04-01$11637.96/sh+10,580$123,129,617→ 1,062,458 totalExercise: $1.10From: 2008-04-01Exp: 2010-01-03→ Common Stock (10,580 underlying) - Other
Convertible Subordinated Note
2008-10-01$12359.84/sh+11,237$138,887,522→ 1,084,539 totalExercise: $1.10From: 2008-10-01Exp: 2010-01-03→ Common Stock (11,237 underlying) - Award
Options to purchase common stock
2008-01-01$0.70/sh+10,000$7,000→ 1,051,878 totalExercise: $0.70Exp: 2018-01-01→ Common Stock (10,000 underlying) - Other
Convertible Subordinated Note
2008-07-01$11928.12/sh+10,844$129,348,533→ 1,073,302 totalExercise: $1.10From: 2008-07-01Exp: 2010-01-03→ Common Stock (10,844 underlying)
Footnotes (6)
- [F1]Options were granted pursuant to the 2002 Non-employee Director Stock Option Plan and vest in five equal annual installments of 20% beginning one year from the date of the original grant.
- [F2]On April 1, 2008, the Issuer elected to issue to Mr. Cho a 8% convertible subordinated note (the "Interest Note") as payment for interest due and payable to Mr. Cho on the $466,797 of 8% convertible subordinated notes (the "Convertible Subordinated Note") issued through October 1, 2007. The Convertible Subordinated Note and Interest Note are convertible at any time at Mr. Cho's option into shares of common stock of the Issuer at $1.10 per share and mature on January 3, 2010.
- [F3]The maturity date of the Note.
- [F4]Assumes full conversion.
- [F5]On July 1, 2008, the Issuer elected to issue to Mr. Cho a 8% convertible subordinated note (the "Interest Note") as payment for interest due and payable to Mr. Cho on the $478,435 of 8% convertible subordinated notes (the "Convertible Subordinated Note") issued through April 1, 2008. The Convertible Subordinated Note and Interest Note are convertible at any time at Mr. Cho's option into shares of common stock of the Issuer at $1.10 per share and mature on January 3, 2010.
- [F6]On October 1, 2008, the Issuer elected to issue to Mr. Cho a 8% convertible subordinated note (the "Interest Note") as payment for interest due and payable to Mr. Cho on the $490,363 of 8% convertible subordinated notes (the "Convertible Subordinated Note") issued through July 1, 2008. The Convertible Subordinated Note and Interest Note are convertible at any time at Mr. Cho's option into shares of common stock of the Issuer at $1.10 per share and mature on January 3, 2010.