LIQTECH INTERNATIONAL INC 4
4 · LIQTECH INTERNATIONAL INC · Filed Sep 9, 2014
Insider Transaction Report
Form 4
DEBELAK DONALD S
Head of U.S. Operations
Transactions
- Purchase
Common Stock
2014-08-22$1.57/sh+49,200$77,244→ 345,099 total - Exercise/Conversion
Stock Options (Right to Buy)
2014-08-13−47,500→ 248,399 totalExercise: $1.50Exp: 2015-02-28→ Common Stock (47,500 underlying) - Exercise/Conversion
Common Stock
2014-08-13$1.50/sh+47,500$71,250→ 295,899 total
Footnotes (2)
- [F1]Mr. Debelak exercised 47,500 stock options having an exercise price of $1.50 per share on August 13, 2014. The options were fully vested as of September 1, 2013.
- [F2]Includes 142,500 stock options having an exercise price of $3.00 that vested in three equal annual installments on August 24, 2011, September 1, 2012 and September 1, 2013 and 58,399 stock options having an exercise price of $3.28 vesting in three equal annual installments on March 23, 2012, March 23, 2013 and March 23, 2014.