Steven Weiskircher - 23 Aug 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
SVP & Chief Technology Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
23 Aug 2024
Net transactions value
-$436,981
Form type
4
Filing time
27 Aug 2024, 20:42:41 UTC
Previous filing
22 Aug 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 $436,981 -20,045 -20% $21.80 80,097 23 Aug 2024 Direct

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 2,175 23 Aug 2024 Common Stock 2,175 Direct F1, F7
holding LQDT Stock Option Grant 581 23 Aug 2024 Common Stock 581 $9.46 Direct F3
holding LQDT Stock Option Grant 12,380 23 Aug 2024 Common Stock 12,380 $22.20 Direct F2
holding LQDT Stock Option Grant 12,380 23 Aug 2024 Common Stock 12,380 $22.20 Direct F4
holding LQDT Restricted Stock Unit Grant 13,960 23 Aug 2024 Common Stock 13,960 Direct F5, F7
holding LQDT Restricted Stock Unit Grant 6,980 23 Aug 2024 Common Stock 6,980 Direct F6, F7
holding LQDT Restricted Stock Unit Grant 13,980 23 Aug 2024 Common Stock 13,980 Direct F7, F8
holding LQDT Resticted Stock Unit 10,485 23 Aug 2024 Common Stock 10,485 Direct F7, F9
holding LQDT Stock Option Grant 11,230 23 Aug 2024 Common Stock 11,230 $14.00 Direct F2
holding LQDT Stock Option Grant 11,230 23 Aug 2024 Common Stock 11,230 $14.00 Direct F10
holding LQDT Resticted Stock Unit Grant 17,850 23 Aug 2024 Common Stock 17,850 Direct F7, F11
holding LQDT Restricted Stock Unit Grant 17,850 23 Aug 2024 Common Stock 17,850 Direct F7, F8
holding LQDT Stock Option Grant 14,430 23 Aug 2024 Common Stock 14,430 $17.31 Direct F2
holding LQDT Stock Option Grant 14,430 23 Aug 2024 Common Stock 14,430 $17.31 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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