FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SIEGEL NED L

2. Date of Event Requiring Statement (MM/DD/YYYY)
6/17/2014 

3. Issuer Name and Ticker or Trading Symbol

VERITEQ [VTEQ]

(Last)        (First)        (Middle)

220 CONGRESS PARK DR., SUITE 200

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            _____ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

DELRAY BEACH, FL 33445       

(City)              (State)              (Zip)
5. 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 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)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: 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
Stock Option   12/9/2012   12/9/2021   Common Stock   38167   $0.0500   D    
Convertible Promissory Note   (1) 5/30/2014   4/16/2015   Common Stock   85714   $0.3500   D    
Convertible Promissory Note   (2) 5/30/2014   5/1/2015   Common Stock   57143   $0.3500   D    
Warrant   (3) 5/30/2014   5/30/2019   Common Stock   100000   $0.3500   D    

Explanation of Responses:
( 1)  Common Stock is issuable under the terms of a promissory note issued on April 16, 2014 and amended by its terms on May 30, 2014 in the principal amount of $30,000.
( 2)  Common Stock is issuable under the terms of a promissory note issued on May 1, 2014 and amended by its terms on May 30, 2014 in the principal amount of $20,000.
( 3)  Common Stock is issuable under the terms of a warrant issued in connection with the promissory note issued on May 1, 2014 and as amended on May 30, 2014, see footnote (2).

Remarks:
The reporting person was appointed a director of the issuer on June 17, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SIEGEL NED L
220 CONGRESS PARK DR.
SUITE 200
DELRAY BEACH, FL 33445
X



Signatures
/s/ Lorraine M. Breece, Attorney-in-Fact 6/19/2014
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
VeriTeQ (CE) (USOTC:VTEQ)
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