4//SEC Filing
LIQTECH INTERNATIONAL INC 4
Accession 0001437749-13-012901
$LIQTCIK 0001307579operating
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 3:35 PM ET
Size
16.0 KB
Accession
0001437749-13-012901
Insider Transaction Report
Form 4
DEGN SOREN
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2013-10-04$1.50/sh+50,000$75,000→ 606,932 total(indirect: See footnote) - Disposition to Issuer
Stock options
2013-10-04$1.50/sh−50,000$75,000→ 208,399 totalExercise: $1.50Exp: 2015-02-28→ Common Stock (50,000 underlying) - Award
Stock options
2011-08-24$1.50/sh+50,000$75,000→ 50,000 totalExercise: $1.50Exp: 2015-02-28→ Common stock (50,000 underlying) - Award
Stock options
2011-08-24$3.00/sh+150,000$450,000→ 200,000 totalExercise: $3.00Exp: 2015-02-28→ Common stock (150,000 underlying) - Award
Stock options
2012-03-23$3.28/sh+58,399$191,549→ 258,399 totalExercise: $3.28Exp: 2015-02-22→ Common stock (58,399 underlying) - Award
Stock option
2013-10-04$2.70/sh+50,000$135,000→ 258,399 totalExercise: $2.70From: 2013-10-04Exp: 2015-02-28→ Common stock (50,000 underlying)
Footnotes (4)
- [F1]Includes indirect ownership of 205,000 shares and 113,000 shares owned by LD Consulting ApS (former SHD Invest ApS) and LHD Invest ApS, respectively, each of which is a Danish entity. The voting and disposition of the shares owned by LD Consulting ApS and LHD Invest ApS are controlled by Mr. Degn. Also includes direct ownership of 50,000 shares of common stock, and direct ownership of the vested portion of 258,399 stock options, of which 50,000 options have an exercise price of $2.70, 150,000 stock options have an exercise price of $3.00 and vested in three equal annual installments on August 24, 2011, September 1, 2012 and September 1, 2013 and 58,399 stock options have an exercise price of $3.28 and vest in three equal annual installments on March 23, 2012, March 23, 2013 and March 23, 2014.
- [F2]The 50,000 stock options had an exercise price of $1.50 and vested (and were also exercisable) in three equal annual installments on August 24, 2011, September 1, 2012 and September 1, 2013.
- [F3]The 150,000 stock options have an exercise price of $3.00 and vested (and were also exercisable) in three equal annual installments on August 24, 2011, September 1, 2012 and September 1, 2013.
- [F4]The 58,399 stock options have an exercise price of $3.28 and vest (and are also exercisable) in three equal installments on March 23, 2012, March 23, 2013 and March 23, 2014.
Documents
Issuer
LIQTECH INTERNATIONAL INC
CIK 0001307579
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001307579
Filing Metadata
- Form type
- 4
- Filed
- Oct 8, 8:00 PM ET
- Accepted
- Oct 9, 3:35 PM ET
- Size
- 16.0 KB