Novelette Murray - 30 Oct 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
Chief Human Resources Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
30 Oct 2024
Net transactions value
$0
Form type
4
Filing time
01 Nov 2024, 18:22:00 UTC
Previous filing
02 Oct 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 64,119 30 Oct 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
transaction LQDT Restricted Stock Unit Grant Award $0 +9,500 $0.000000 9,500 30 Oct 2024 Common Stock 9,500 Direct F15, F16
transaction LQDT Restricted Stock Unit Grant Award $0 +9,500 $0.000000 9,500 30 Oct 2024 Common Stock 9,500 Direct F6, F15
transaction LQDT Stock Option Grant Award $0 +8,000 $0.000000 8,000 30 Oct 2024 Common Stock 8,000 $21.62 Direct F14
transaction LQDT Stock Option Grant Award $0 +8,000 $0.000000 8,000 30 Oct 2024 Common Stock 8,000 $21.62 Direct F10
holding LQDT Restricted Stock Unit Grant 1,475 30 Oct 2024 Common Stock 1,475 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 3,490 30 Oct 2024 Common Stock 3,490 Direct F2, F4
holding LQDT Restricted Stock Unit Grant 7,766 30 Oct 2024 Common Stock 7,766 Direct F2, F5
holding LQDT Restricted Stock Unit Grant 10,710 30 Oct 2024 Common Stock 10,710 Direct F2, F7
holding LQDT Restricted Stock Unit Grant 6,980 30 Oct 2024 Common Stock 6,980 Direct F2, F6
holding LQDT Restricted Stock Unit Grant 10,355 30 Oct 2024 Common Stock 10,355 Direct F2, F6
holding LQDT Restricted Stock Unit Grant 10,710 30 Oct 2024 Common Stock 10,710 Direct F2, F6
holding LQDT Stock Option Grant 1,850 30 Oct 2024 Common Stock 1,850 $10.30 Direct F9
holding LQDT Stock Option Grant 7,693 30 Oct 2024 Common Stock 7,693 $9.46 Direct F1
holding LQDT Stock Option Grant 6,190 30 Oct 2024 Common Stock 6,190 $22.20 Direct F11
holding LQDT Stock Option Grant 5,027 30 Oct 2024 Common Stock 5,027 $14.00 Direct F12
holding LQDT Stock Option Grant 8,660 30 Oct 2024 Common Stock 8,660 $17.31 Direct F13
holding LQDT Stock Option Grant 1,054 30 Oct 2024 Common Stock 1,054 $10.30 Direct F8
holding LQDT Stock Option Grant 6,190 30 Oct 2024 Common Stock 6,190 $22.20 Direct F6
holding LQDT Stock Option Grant 8,320 30 Oct 2024 Common Stock 8,320 $14.00 Direct F10
holding LQDT Stock Option Grant 8,660 30 Oct 2024 Common Stock 8,660 $17.31 Direct F10
* 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, an additional 1/48th will vest each month for thirty-six months.
F2 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common 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 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.
F5 Twenty-five percent of this restricted stock unit grant vested on January 1, 2024 and thereafter, an additional 1/4th will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F6 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F7 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.
F8 These options become exercisable, if at all, based on the completion of the Issuer's strategic transformation as well as the Issuer's achievement of certain financial milestones.
F9 15/48th of this option grant vested on January 1, 2018 and thereafter, an additional 1/48th vests each month for thirty-three months.
F10 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F11 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.
F12 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.
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.
F14 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.
F15 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F16 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.