Mark A. Shaffer - 19 Aug 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
19 Aug 2024
Net transactions value
-$157,639
Form type
4
Filing time
27 Aug 2024, 20:41:01 UTC
Previous filing
04 Jan 2024
Next filing
01 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Sale $157,639 -7,069 -15% $22.30 39,392 23 Aug 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
holding LQDT Restricted Stock Unit Grant 1,912 19 Aug 2024 Common Stock 1,912 Direct F2, F5
holding LQDT Stock Option Grant 4,443 19 Aug 2024 Common Stock 4,443 $9.46 Direct F1
holding LQDT Stock Option Grant 7,740 19 Aug 2024 Common Stock 7,740 $22.20 Direct F3
holding LQDT Stock Option Grant 7,740 19 Aug 2024 Common Stock 7,740 $22.20 Direct F4
holding LQDT Restricted Stock Unit Grant 6,540 19 Aug 2024 Common Stock 6,540 Direct F5, F6
holding LQDT Restricted Stock Unit Grant 6,540 19 Aug 2024 Common Stock 6,540 Direct F5, F7
holding LQDT Stock Option Grant 10,405 19 Aug 2024 Common Stock 10,405 $14.00 Direct F8
holding LQDT Stock Option Grant 10,405 19 Aug 2024 Common Stock 10,405 $14.00 Direct F9
holding LQDT Restrcited Stock Unit Grant 9,712 19 Aug 2024 Common Stock 9,712 Direct F5, F10
holding LQDT Restricted Stock Unit Grant 12,950 19 Aug 2024 Common Stock 12,950 Direct F5, F8
holding LQDT Restricted Stock Unit Grant 14,630 19 Aug 2024 Common Stock 14,630 Direct F5, F11
holding LQDT Restricted Stock Unit Grant 14,630 19 Aug 2024 Common Stock 14,630 Direct F5, F12
holding LQDT Stock Option Grant 11,825 19 Aug 2024 Common Stock 11,825 $17.31 Direct F8
holding LQDT Stock Option Grant 11,825 19 Aug 2024 Common Stock 11,825 $17.31 Direct F13
* 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 11. 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 These options become exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F4 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.
F5 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F6 These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F7 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.
F8 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F9 12/48th of this option grant will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F10 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F11 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F12 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.
F13 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.