Mark A. Shaffer - 30 Oct 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
VP, Gen. Counsel & Secretary
Signature
/s/ Mark A. Shaffer
Issuer symbol
LQDT
Transactions as of
30 Oct 2024
Net transactions value
$0
Form type
4
Filing time
01 Nov 2024, 18:24:38 UTC
Previous filing
27 Aug 2024
Next filing
23 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 39,392 30 Oct 2024 By The Mark A. Shaffer Revocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LQDT Restricted Stock Unit Grant Award $0 +12,650 $0.000000 12,650 30 Oct 2024 Common Stock 12,650 Direct F4, F12
transaction LQDT Restricted Stock Unit Grant Award $0 +12,650 $0.000000 12,650 30 Oct 2024 Common Stock 12,650 Direct F4, F9
transaction LQDT Stock Option Grant Award $0 +10,700 $0.000000 10,700 30 Oct 2024 Common Stock 10,700 $21.62 Direct F13
transaction LQDT Stock Option Grant Award $0 +10,700 $0.000000 10,700 30 Oct 2024 Common Stock 10,700 $21.62 Direct F6
holding LQDT Restricted Stock Unit Grant 1,912 30 Oct 2024 Common Stock 1,912 Direct F2, F4
holding LQDT Restricted Stock Unit Grant 4,360 30 Oct 2024 Common Stock 4,360 Direct F4, F5
holding LQDT Restrcited Stock Unit Grant 9,712 30 Oct 2024 Common Stock 9,712 Direct F4, F8
holding LQDT Restricted Stock Unit Grant 14,630 30 Oct 2024 Common Stock 14,630 Direct F4, F10
holding LQDT Restricted Stock Unit Grant 8,720 30 Oct 2024 Common Stock 8,720 Direct F4, F9
holding LQDT Restricted Stock Unit Grant 12,950 30 Oct 2024 Common Stock 12,950 Direct F4, F9
holding LQDT Restricted Stock Unit Grant 14,630 30 Oct 2024 Common Stock 14,630 Direct F4, F9
holding LQDT Stock Option Grant 4,443 30 Oct 2024 Common Stock 4,443 $9.46 Direct F1
holding LQDT Stock Option Grant 7,740 30 Oct 2024 Common Stock 7,740 $22.20 Direct F3
holding LQDT Stock Option Grant 10,405 30 Oct 2024 Common Stock 10,405 $14.00 Direct F7
holding LQDT Stock Option Grant 11,825 30 Oct 2024 Common Stock 11,825 $17.31 Direct F11
holding LQDT Stock Option Grant 7,740 30 Oct 2024 Common Stock 7,740 $22.20 Direct F6
holding LQDT Stock Option Grant 10,405 30 Oct 2024 Common Stock 10,405 $14.00 Direct F6
holding LQDT Stock Option Grant 11,825 30 Oct 2024 Common Stock 11,825 $17.31 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
F2 Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.
F3 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F4 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F5 Twenty-five percent of this restricted stock unit grant vested on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1, 2026.
F6 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F7 12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F8 Twenty-five percent of this restricted stock unit grant vested on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F9 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F10 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.
F11 12/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F12 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2026 and thereafter, an additional 1/4th will vest on each of January 1, 2027, January 1, 2028 and January 1, 2029.
F13 12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.