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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1307579	Liqtech International Inc	LIQT	Misc Industrial & Commercial Machinery & Equipment (3590)	201431677

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1528434	Soren Degn	Industriparken 22C Ballerup G7 2750	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-12-17	15,000	$2.21	516,932	No	4	S	Indirect	See footnote
Common Stock	Disposition	2013-12-18	15,800	$2.23	501,132	No	4	S	Indirect	See footnote
Common Stock	Disposition	2013-12-19	21,200	$2.23	479,932	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Footnotes

Includes indirect ownership of 128,000 shares and 113,000 shares owned by LD Consulting ApS (former SHD Invest ApS) and LHD Invest ApS, respectively, each of which is a Danish entity. The voting and disposition of the shares owned by LD Consulting ApS and LHD Invest ApS are controlled by Mr. Degn. Also includes direct ownership of 50,000 shares of common stock, and direct ownership of 50,000 warrants with a strike price of $2.70 and the vested portion of 208,399 stock options, of which 150,000 stock options have an exercise price of $3.00 and vested in three equal annual installments on August 24, 2011, September 1, 2012 and September 1, 2013 and 58,399 stock options have an exercise price of $3.28 and vest in three equal annual installments on March 23, 2012, March 23, 2013 and March 23, 2014.