Aqua Metals, Inc. — Director's Dealing 2016

Jun 1, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Aqua Metals, Inc. (AQMS)
CIK: 0001621832
Period of Report: 2016-05-18

Reporting Person: Interstate Batteries, Inc. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	702247	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrant to Purchase Common Stock	$7.12	2018-05-24	Common Stock (702247)		Indirect
Warrant to Purchase Common Stock	$9.00	2019-05-24	Common Stock (1605131)		Indirect
Convertible Term Note	$7.12	2019-05-24	Common Stock (702247)		Indirect

Footnotes

F1: These securities are directly owned by Interstate Emerging Investments, LLC. The reporting entity is the sole member of Interstate Emerging Investments, LLC.

F2: The Convertible Term Note (the "Note") issued to the Reporting Person can either be paid in cash for the outstanding principal amount of the Note, plus any accrued, unpaid interest, or it can be converted by the Reporting Person at any time upon notice to the Issuer for 702,247 shares of Common Stock.