Yeung Tak Lugee Li - Mar 12, 2025 Form 4 Insider Report for LIQUIDMETAL TECHNOLOGIES INC (LQMT)

Role
Director, 10%+ Owner
Signature
/s/ Tony Chung, as Attorney-in-Fact for Yeung Tak Lugee Li
Stock symbol
LQMT
Transactions as of
Mar 12, 2025
Transactions value $
$0
Form type
4
Date filed
3/14/2025, 05:13 PM
Previous filing
Oct 15, 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LQMT Stock Option (right-to-buy) Award $0 +3M $0.00 3M Mar 12, 2025 Common Stock Par Value $0.001 3M $0.04 Direct F1
holding LQMT Stock Option (right-to-buy) 200K Mar 12, 2025 Common Stock Par Value $0.001 200K $0.09 Direct F2
holding LQMT Stock Option (right-to-buy) 700K Mar 12, 2025 Common Stock Par Value $0.001 700K $0.13 Direct F3
holding LQMT Common Stock Purchase Warrant 10.1M Mar 12, 2025 Common Stock Par Value $0.001 10.1M $0.07 By Liquidmetals Technology Limited F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares covered by the Option shall vest 33.33% on the first year anniversary date from the date of grant. Thereafter, the shares covered by the Option shall vest monthly over 24 months with the Option being 100% vested on the third anniversary of the date of grant.
F2 Represents an option granted under the Company's 2015 Equity Incentive Plan. The shares covered by the option vest monthly over three years with the option being 100% vested on the third anniversary of the date of grant.
F3 Represents an option granted under the Company's 2015 Equity Incentive Plan. The shares covered by the option vested 20% on the first year anniversary date from the date of grant. Thereafter, the shares covered by the option vested monthly over 4 years with the option being 100% vested on the fifth anniversary of the date of grant.
F4 Liquidmetal Technology Limited holds such common stock purchase warrant. Mr. Li is the sole shareholder, executive officer and director of Liquidmetal Technology Limited.