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

Role
Chief Human Resources Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Oct 30, 2024
Transactions value $
$0
Form type
4
Date filed
11/1/2024, 06:22 PM
Previous filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 64.1K Oct 30, 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 +9.5K $0.00 9.5K Oct 30, 2024 Common Stock 9.5K Direct F15, F16
transaction LQDT Restricted Stock Unit Grant Award $0 +9.5K $0.00 9.5K Oct 30, 2024 Common Stock 9.5K Direct F6, F15
transaction LQDT Stock Option Grant Award $0 +8K $0.00 8K Oct 30, 2024 Common Stock 8K $21.62 Direct F14
transaction LQDT Stock Option Grant Award $0 +8K $0.00 8K Oct 30, 2024 Common Stock 8K $21.62 Direct F10
holding LQDT Restricted Stock Unit Grant 1.48K Oct 30, 2024 Common Stock 1.48K Direct F2, F3
holding LQDT Restricted Stock Unit Grant 3.49K Oct 30, 2024 Common Stock 3.49K Direct F2, F4
holding LQDT Restricted Stock Unit Grant 7.77K Oct 30, 2024 Common Stock 7.77K Direct F2, F5
holding LQDT Restricted Stock Unit Grant 10.7K Oct 30, 2024 Common Stock 10.7K Direct F2, F7
holding LQDT Restricted Stock Unit Grant 6.98K Oct 30, 2024 Common Stock 6.98K Direct F2, F6
holding LQDT Restricted Stock Unit Grant 10.4K Oct 30, 2024 Common Stock 10.4K Direct F2, F6
holding LQDT Restricted Stock Unit Grant 10.7K Oct 30, 2024 Common Stock 10.7K Direct F2, F6
holding LQDT Stock Option Grant 1.85K Oct 30, 2024 Common Stock 1.85K $10.30 Direct F9
holding LQDT Stock Option Grant 7.69K Oct 30, 2024 Common Stock 7.69K $9.46 Direct F1
holding LQDT Stock Option Grant 6.19K Oct 30, 2024 Common Stock 6.19K $22.20 Direct F11
holding LQDT Stock Option Grant 5.03K Oct 30, 2024 Common Stock 5.03K $14.00 Direct F12
holding LQDT Stock Option Grant 8.66K Oct 30, 2024 Common Stock 8.66K $17.31 Direct F13
holding LQDT Stock Option Grant 1.05K Oct 30, 2024 Common Stock 1.05K $10.30 Direct F8
holding LQDT Stock Option Grant 6.19K Oct 30, 2024 Common Stock 6.19K $22.20 Direct F6
holding LQDT Stock Option Grant 8.32K Oct 30, 2024 Common Stock 8.32K $14.00 Direct F10
holding LQDT Stock Option Grant 8.66K Oct 30, 2024 Common Stock 8.66K $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.