John Daunt - Aug 26, 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Aug 26, 2024
Transactions value $
-$842,966
Form type
4
Date filed
9/10/2024, 04:45 PM
Previous filing
Jan 4, 2024
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $63.5K +10.4K +17.67% $6.11 69.3K Sep 6, 2024 By The Daunt Family Trust
transaction LQDT Common Stock Options Exercise $46.6K +7.08K +10.23% $6.58 76.3K Sep 6, 2024 By The Daunt Family Trust
transaction LQDT Common Stock Options Exercise $106K +15.8K +20.74% $6.69 92.2K Sep 6, 2024 By The Daunt Family Trust
transaction LQDT Common Stock Sale -$902K -41.5K -44.98% $21.75 50.7K Sep 6, 2024 By The Daunt Family Trust
transaction LQDT Common Stock Sale -$157K -7.4K -14.6% $21.26 43.3K Sep 9, 2024 By The Daunt Family 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 Stock Option Grant Options Exercise $0 -10.4K -100% $0.00 0 Sep 6, 2024 Common Stock 10.4K $6.11 Direct F17
transaction LQDT Stock Option Grant Options Exercise $0 -7.08K -100% $0.00 0 Sep 6, 2024 Common Stock 7.08K $6.58 Direct F4
transaction LQDT Stock Option Grant Options Exercise $0 -15.8K -100% $0.00 0 Sep 6, 2024 Common Stock 15.8K $6.69 Direct F5
holding LQDT Stock Option Grant 10.1K Aug 26, 2024 Common Stock 10.1K $6.11 Direct F2
holding LQDT Restricted Stock Unit Grant 2.76K Aug 26, 2024 Common Stock 2.76K Direct F3, F10
holding LQDT Stock Option Grant 7.74K Aug 26, 2024 Common Stock 7.74K $22.20 Direct F6
holding LQDT Stock Option Grant 7.74K Aug 26, 2024 Common Stock 7.74K $22.20 Direct F7
holding LQDT Restricted Stock Unit Grant 4.36K Aug 26, 2024 Common Stock 4.36K Direct F8, F10
holding LQDT Restricted Stock Unit Grant 8.72K Aug 26, 2024 Common Stock 8.72K Direct F9, F10
holding LQDT Restricted Stock Unit Grant 15.5K Aug 26, 2024 Common Stock 15.5K Direct F10, F11
holding LQDT Restricted Stock Unit Grant 20.7K Aug 26, 2024 Common Stock 20.7K Direct F10, F12
holding LQDT Stock Option Grant 16.6K Aug 26, 2024 Common Stock 16.6K $14.00 Direct F13
holding LQDT Restricted Stock Unit Grant 19.3K Aug 26, 2024 Common Stock 19.3K Direct F10, F14
holding LQDT Restrcited Stock Unit Grant 19.3K Aug 26, 2024 Common Stock 19.3K Direct F10, F12
holding LQDT Stock Option Grant 15.6K Aug 26, 2024 Common Stock 15.6K $17.31 Direct F13
holding LQDT Stock Option Grant 15.6K Aug 26, 2024 Common Stock 15.6K $17.31 Direct F16
holding LQDT Stock Option Grant 6.38K Aug 26, 2024 Common Stock 6.38K $9.46 Direct F1
holding LQDT Stock Option Grant 10.1K Aug 26, 2024 Common Stock 10.1K $14.00 Direct F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an exercise of stock options.
F2 These options become exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in the Issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock.
F3 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.
F4 12/48th of this option grant vested on May 1, 2020 and thereafter, 1/48th will vest each month for thirty-six months.
F5 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
F6 This option becomes excercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F7 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.
F8 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.
F9 These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F10 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F11 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.
F12 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F13 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F14 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.
F15 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.
F16 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.
F17 15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th vests each month for thirty-three months.