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OMB Number 3235-0287
Expires: January 31, 2005
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
[_] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Chitnis Shekhar
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(Last) (First) (Middle)
91 Via Sonrisa
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(Street)
San Clemente, California 92673
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Liquidmetal Technologies (LQMT)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Day/Year
12/31/2002
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5. 6.
2A. 4. Amount of Owner-
Deemed Securities Acquired (A) or Securities ship
2. Execution 3. Disposed of (D) Beneficially Form: 7.
Transaction Date, if Transaction (Instr. 3, 4 and 5) Owned Follow- Direct Nature of
Date any Code ------------------------------- ing Reported (D) or Indirect
1. (Month/ (Month/ (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Day/ Day/ ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) Year) Year) Code V (D) and 4) (Instr.4) (Instr. 4)
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Liquidmetal Technologies
Common Stock 12/30/02* M 2,000* A $2.79* D
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Liquidmetal Technologies
Common Stock 12/30/02* S 2,000* D $9.90* D
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Liquidmetal Technologies
Common Stock 12/31/02* M 2,000* A $2.79* D
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Liquidmetal Technologies
Common Stock 12/31/02* S 2,000* D $10.00* 258,327 D
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*These shares were acquired pursuant to an exercise of options as reflected on Table II of this Form 4, and then were sold on the
same day pursuant to a Plan of Sale, dated November 29, 2002, under Rule 10b5-1 of the Securities Exchange Act of 1934. The Plan of
Sale, which was entered into for personal financial and estate planning purposes, provides for the systematic and orderly sale of
4,000 shares per week for a period of 26 consecutive weeks beginning December 9, 2002 (for a total of up to 104,000 shares over the
26-week period), subject to certain terms, conditions, and limitations in accordance with Rule 10b5-1.
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained in this form are not required to respond (Over)
unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Deriv- Form
2. ative of
Conver- 5. 7. Secur- Deriv- 11.
sion Number of Title and Amount ities ative Nature
or 3A. Derivative 6. of Underlying 8. Benefi- Secur- of
Exer- Deemed 4. Securities Date Securities Price cially ity: In-
cise 3. Execu- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Owned Direct direct
Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- Following (D) or Bene-
1. of action Date, Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr (Instr (Instr (Instr
(Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Option to
Purchase Common
Common Stock $2.79 12/30/02 M 2,000 5/01/02 5/01/10 Stock 2,000 386,581 D
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Option to
Purchase Common
Common Stock $2.79 12/31/02 M 2,000 5/01/02 5/01/10 Stock 2,000 384,581 D
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Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. /s/ Curt P. Creely 12/31/02
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See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). CURT P. CREELY AS ATTORNEY IN FACT FOR Date
SHEKHAR CHITNIS
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the
form displays a currently valid OMB Number.
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