Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
SALAS RICARDO A
   2. Issuer Name and Ticker or Trading Symbol
LIQUIDMETAL TECHNOLOGIES INC [LQMT] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
30452 ESPERANZA		 3. Date of Earliest Transaction (Month/Day/Year)
08/22/2011
(Street)

RANCHO SANTA MARGARITA, CA 92688		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/22/2011   M(2)   4,462,118 A $ 0 4,462,118 I Held by The Silver Lake Group, LLC.
Common Stock 08/22/2011   S   4,462,118 D $ 0.33 0 I Common Stock were previously held by The Silver Lake Group, LLC.
Common Stock 08/22/2011   J(5)   774 A (5) $ 0 3,538,724 D  
Common Stock 08/23/2011   S   28,000 D $ 0.3286 3,510,724 D  
Common Stock 08/24/2011   S   38,245 D $ 0.33 3,472,479 D  
Common Stock 08/25/2011   S   42,500 D $ 0.33 3,429,979 D  
Common Stock 08/26/2011   S   30,000 D $ 0.3237 3,399,979 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A-1 Preferred Stock $ 0.1 08/22/2011   J(3)   75,911     (1)   (1) Common Stock 3,795,550 $ 0 75,911 I Held by Silver Lake Group, LLC
Series A-1 Preferred Stock $ 0.1 08/22/2011   M(2)     75,911   (1)   (1) Common Stock 3,795,550 $ 0 0 I Securities were held by The Silver Lake Group, LLC.
Series A-2 Preferred Stock $ 0.22 08/22/2011   J(3)   134,930     (1)   (1) Common Stock 3,066,591 $ 0 134,930 I Held by The Silver Lake Group, LLC.
Warrant (right to buy) $ 0.49 08/22/2011   J(4)   3,501,130   05/01/2009 07/31/2015 Common Stock 3,501,130 $ 0 3,501,130 I Held by The Silver Lake Group, LLC.

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SALAS RICARDO A
30452 ESPERANZA
RANCHO SANTA MARGARITA, CA 92688		   X   X   Executive Vice President  

Signatures

 Ricardo Salas   08/26/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each share of the Series A Preferred Stock is convertible into shares of common stock at the time and under the circumstances described in the Amended Certificate of Designations, Preferences and Rights for Series A Preferred Stock, as amended. The Series A Preferred Stock has no expiration date.
(2) Acquisition of Common Stock pursuant to conversion of Series A-1 Preferred Stock.
(3) Shares of Series A Preferred Stock were distributed to members of Carlyle Liquid Holdings, LLC in redemption of a pro rata portion of the member's equity interest in Carlyle Liquid Holdings, LLC, thus merely resulting in a change in the form of ownership of shares already previously reported as held by the reporting person.
(4) Warrant shares were distributed to members of Carlyle Liquid Holdings, LLC in redemption of a pro rata portion of the member's equity interest in Carlyle Liquid Holdings, LLC, thus merely resulting in a change in the form of ownership of shares already previously reported as held by the reporting person.
(5) Shares of Common Stock were distributed from Carlyle Liquid Holdings, LLC in redemption of a pro rata portion of the member's equity interest in Carlyle Liquid Holdings, LLC, thus merely resulting in a change in the form of ownership of shares already previously reported as held by the reporting person.

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.