SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* PESSIN SANDRA F (Last) (First) (Middle) C/O NORMAN PESSIN 366 MADISON AVENUE, 14TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 05/12/2017	3. Issuer Name and Ticker or Trading Symbol LIQTECH INTERNATIONAL INC [ LIQT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) See Explanation of Responses	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)	3,510,869	D(2)
Common Stock(1)	1,302,006	I	By: Norman H. Pessin(3)
Common Stock(1)	2,034,635	I	By: Brian Pessin(4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* PESSIN SANDRA F (Last) (First) (Middle) C/O NORMAN PESSIN 366 MADISON AVENUE, 14TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See Explanation of Responses

1. Name and Address of Reporting Person* PESSIN NORMAN H (Last) (First) (Middle) C/O LEVY, HARKINS & CO., INC. 366 MADISON AVENUE, 14TH FLOOR (Street) NEW YORK NY 10017 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See Explanation of Responses

1. Name and Address of Reporting Person* Pessin Brian L. (Last) (First) (Middle) 310 EAST 75TH STREET APT. 2A (Street) NEW YORK NY 10021 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) See Explanation of Responses

Explanation of Responses:

1. This Form 3 is filed jointly by Norman H. Pessin, Sandra F. Pessin and Brian Pessin (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of common stock. Each Reporting Person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his or her pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.

2. Norman H. Pessin and Brian Pessin each expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

3. Shares beneficially owned by Norman H. Pessin, Sandra F. Pessin's spouse. Sandra F. Pessin and Brian Pessin each expressly disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein.

4. Shares beneficially owned by Brian Pessin. Sandra F. Pessin and Norman H. Pessin each expressly disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein.

	/s/ Sandra F. Pessin	05/16/2017
	/s/ Norman H. Pessin	05/16/2017
	/s/ Brian Pessin	05/16/2017
	** 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 5 (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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