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LIQTECH INTERNATIONAL INC Director's Dealing 2011

Dec 23, 2011

34866_dirs_2011-12-23_65393340-ab37-4a47-80d0-d1cd980c227c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQTECH INTERNATIONAL INC (LIQT)
CIK: 0001307579
Period of Report: 2011-12-21

Reporting Person: DEGN SOREN (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-21 Common Stock S 170000 $2.00 Disposed 205000 Indirect
2011-12-21 Common Stock S 262000 $2.00 Disposed 113000 Indirect

Footnotes

F1: The reporting person sold an aggregate 432,000 shares in a private placement to non-US persons in order to satisfy certain Danish tax rules.

F2: A Danish entity controlled by the reporting person.