LIQTECH INTERNATIONAL INC — Director's Dealing 2011

Dec 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQTECH INTERNATIONAL INC (LIQT)
CIK: 0001307579
Period of Report: 2011-12-16

Reporting Person: Nemelka John Fritzen (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-16	Stock options	$3.6	A	20000	Acquired	2021-12-16	Common Stock (20000)	Direct

Footnotes

F1: The options vest in three equal annual installments on December 16, 2011, September 1, 2012 and September 1, 2013.