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

Role
SVP & Chief Technology Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Aug 23, 2024
Transactions value $
-$436,981
Form type
4
Date filed
8/27/2024, 08:42 PM
Previous filing
Aug 22, 2024
Next filing
Nov 1, 2024
SEC
View on sec.gov

Transactions Table

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 2.18K Aug 23, 2024 Common Stock 2.18K Direct F1, F7
holding LQDT Stock Option Grant 581 Aug 23, 2024 Common Stock 581 $9.46 Direct F3
holding LQDT Stock Option Grant 12.4K Aug 23, 2024 Common Stock 12.4K $22.20 Direct F2
holding LQDT Stock Option Grant 12.4K Aug 23, 2024 Common Stock 12.4K $22.20 Direct F4
holding LQDT Restricted Stock Unit Grant 14K Aug 23, 2024 Common Stock 14K Direct F5, F7
holding LQDT Restricted Stock Unit Grant 6.98K Aug 23, 2024 Common Stock 6.98K Direct F6, F7
holding LQDT Restricted Stock Unit Grant 14K Aug 23, 2024 Common Stock 14K Direct F7, F8
holding LQDT Resticted Stock Unit 10.5K Aug 23, 2024 Common Stock 10.5K Direct F7, F9
holding LQDT Stock Option Grant 11.2K Aug 23, 2024 Common Stock 11.2K $14.00 Direct F2
holding LQDT Stock Option Grant 11.2K Aug 23, 2024 Common Stock 11.2K $14.00 Direct F10
holding LQDT Resticted Stock Unit Grant 17.9K Aug 23, 2024 Common Stock 17.9K Direct F7, F11
holding LQDT Restricted Stock Unit Grant 17.9K Aug 23, 2024 Common Stock 17.9K Direct F7, F8
holding LQDT Stock Option Grant 14.4K Aug 23, 2024 Common Stock 14.4K $17.31 Direct F2
holding LQDT Stock Option Grant 14.4K Aug 23, 2024 Common Stock 14.4K $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.