- Statement of Changes in Beneficial Ownership (4)

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	OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5
	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(f) of the Investment Company Act of 1940

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 (MM/DD/YYYY) 8/22/2011
(Street) RANCHO SANTA MARGARITA, CA 92688 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	8/22/2011		M (2)		4462118	A	$ 0	4462118	I	Held by The Silver Lake Group, LLC.
Common Stock	8/22/2011		S		4462118	D	$0.33	0	I	Common Stock were previously held by The Silver Lake Group, LLC.
Common Stock	8/22/2011		J (5)		774	A (5)	$ 0	3538724	D
Common Stock	8/23/2011		S		28000	D	$0.3286	3510724	D
Common Stock	8/24/2011		S		38245	D	$0.33	3472479	D
Common Stock	8/25/2011		S		42500	D	$0.33	3429979	D
Common Stock	8/26/2011		S		30000	D	$0.3237	3399979	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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	8/22/2011		J   (3)		75911		(1)	(1)	Common Stock	3795550	$ 0	75911	I	Held by Silver Lake Group, LLC
Series A-1 Preferred Stock	$0.1	8/22/2011		M   (2)			75911	(1)	(1)	Common Stock	3795550	$ 0	0	I	Securities were held by The Silver Lake Group, LLC.
Series A-2 Preferred Stock	$0.22	8/22/2011		J   (3)		134930		(1)	(1)	Common Stock	3066591	$ 0	134930	I	Held by The Silver Lake Group, LLC.
Warrant (right to buy)	$0.49	8/22/2011		J   (4)		3501130		5/1/2009	7/31/2015	Common Stock	3501130	$ 0	3501130	I	Held by The Silver Lake Group, LLC.

Explanation of Responses:
( 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.

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		8/26/2011
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	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).
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