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
                                                                                  
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OMB Number: 3235-0287
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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 *

Ullrich Peter
2. Issuer Name and Ticker or Trading Symbol

EAU TECHNOLOGIES, INC. [ EAUI.OB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

1800 NW 89TH PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

10/21/2010
(Street)

MIAMI, FL 33172
(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   12/31/2011     X    5806452   A $.31   9322221   D  
 
Common Stock   12/31/2011     P (1)    2593549   A $.31   11915770   D  
 
Common Stock                  7330770   I   By Water Science, LLC  

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
Warrant   $.31   10/21/2010     A      6969231       10/21/2010   10/21/2015   Common Stock   6969231   $0   6969231   D  
 
Warrant   $.31   12/31/2011     X         5806452    12/31/2011   12/31/2016   Common Stock   5806452   $0   1162779   D  
 
Stock Option   $.31   1/1/2012     A      290325       1/1/2012   (2) 1/1/2022   Common Stock   290325   $0   290325   D  
 
10% Convertible Note due November 2013   $1.00   12/13/2011     A      358527       12/31/2011   (3) 11/30/2013   Common Stock   358527   $0   358527   D  
 
Warrant   $.31   12/31/2011     A      358527       12/31/2011   12/31/2016   Common Stock   358527   $0   358527   D  
 
Convertible Promissory Note   (4) $1.00   12/31/2011     A      3000000       12/31/2011   11/30/2013   Common Stock   3000000   $0   3000000   D  
 

Explanation of Responses:
( 1)  In December 2011, the Board of Directors of the Company agreed in principle to the sale by the Company shares of Common Stock of the Company to the Reporting Person. On March 1, 2011, the Board of Directors of the Company formally authorized the sale by the Company of 2,593,549 unregistered shares of Common Stock of the Company at a price of $0.31 per share to the Reporting Person. The sale was made pursuant to a Stock Purchase Agreement between the Company and the Reporting Person.
( 2)  Options vest as follows: 145,163 immediately, 96,775 on January 1, 2013, and 48,387 on January 1, 2014.
( 3)  On December 31, 2011, the Reporting Person and EAU Technologies, Inc. (the "Company") entered into a loan agreement (the "Note"). The principal amount of the Note is $358,527. The Note will bear interest at a rate of 10% annually and will mature on November 30, 2013. The Note is convertible into shares of the Company's common stock at $1.00 per share and no principal or interest payments are due until maturity.
( 4)  The Board approved the amendment of certain terms of the Company's $3,000,000 Third Amended and Restated Senior Secured Convertible Promissory Note dated October 21, 2010 (the "Promissory Note") with Water Science, Inc. The Promissory Note will be amended to extend the maturity date to November 30, 2013.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ullrich Peter
1800 NW 89TH PLACE
MIAMI, FL 33172
X X


Signatures
/s/ Peter Ullrich 4/16/2012
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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