William P. Angrick III - 30 Oct 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

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, 18:23:20 UTC
Previous filing
04 Jan 2024
Next filing
27 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 5,186,058 30 Oct 2024 By the William P. Angrick III Revocable Trust
holding LQDT Common Stock 873,379 30 Oct 2024 By the William P. Angrick III 2005 Irrevocable Trust F1
holding LQDT Common Stock 575,513 30 Oct 2024 By the Stephanie S. Angrick 2005 Irrevocable Trust F2
holding LQDT Common Stock 114,699 30 Oct 2024 By the Stephanie S. Angrick Revocable Trust F2

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 +63,050 $0.000000 63,050 30 Oct 2024 Common Stock 63,050 Direct F3, F8
transaction LQDT Restricted Stock Unit Grant Award $0 +63,050 $0.000000 63,050 30 Oct 2024 Common Stock 63,050 Direct F3, F9
transaction LQDT Stock Option Grant Award $0 +53,550 $0.000000 53,550 30 Oct 2024 Common Stock 53,550 $23.78 Direct F19
transaction LQDT Stock Option Grant Award $0 +53,550 $0.000000 53,550 30 Oct 2024 Common Stock 53,550 $23.78 Direct F20
holding LQDT Restricted Stock Unit Grant 5,925 30 Oct 2024 Common Stock 5,925 Direct F3, F4
holding LQDT Restricted Stock Unit Grant 31,400 30 Oct 2024 Common Stock 31,400 Direct F3, F5
holding LQDT Restricted Stock Unit Grant 51,240 30 Oct 2024 Common Stock 51,240 Direct F3, F6
holding LQDT Restricted Stock Unit Grant 61,635 30 Oct 2024 Common Stock 61,635 Direct F3, F7
holding LQDT Restricted Stock Unit Grant 62,800 30 Oct 2024 Common Stock 62,800 Direct F3, F9
holding LQDT Restricted Stock Unit Grant 68,320 30 Oct 2024 Common Stock 68,320 Direct F3, F9
holding LQDT Restricted Stock Unit Grant 61,635 30 Oct 2024 Common Stock 61,635 Direct F3, F9
holding LQDT Stock Option Grant 56,193 30 Oct 2024 Common Stock 56,193 $7.29 Direct F10
holding LQDT Stock Option Grant 38,000 30 Oct 2024 Common Stock 38,000 $9.13 Direct F11
holding LQDT Stock Option Grant 68,938 30 Oct 2024 Common Stock 68,938 $4.92 Direct F12
holding LQDT Stock Option Grant 105,247 30 Oct 2024 Common Stock 105,247 $6.72 Direct F13
holding LQDT Stock Option Grant 139,900 30 Oct 2024 Common Stock 139,900 $7.36 Direct F14
holding LQDT Stock Option Grant 131,950 30 Oct 2024 Common Stock 131,950 $10.41 Direct F15
holding LQDT Stock Option Grant 56,615 30 Oct 2024 Common Stock 56,615 $24.42 Direct F16
holding LQDT Stock Option Grant 53,125 30 Oct 2024 Common Stock 53,125 $15.40 Direct F17
holding LQDT Stock Option Grant 50,170 30 Oct 2024 Common Stock 50,170 $19.04 Direct F18
holding LQDT Stock Option Grant 27,360 30 Oct 2024 Common Stock 27,360 $9.13 Direct F20
holding LQDT Stock Option Grant 48,019 30 Oct 2024 Common Stock 48,019 $4.92 Direct F20
holding LQDT Stock Option Grant 124,200 30 Oct 2024 Common Stock 124,200 $6.72 Direct F20
holding LQDT Stock Option Grant 139,900 30 Oct 2024 Common Stock 139,900 $7.36 Direct F20
holding LQDT Stock Option Grant 131,950 30 Oct 2024 Common Stock 131,950 $10.41 Direct F20
holding LQDT Stock Option Grant 56,615 30 Oct 2024 Common Stock 56,615 $24.42 Direct F20
holding LQDT Stock Option Grant 53,125 30 Oct 2024 Common Stock 53,125 $15.40 Direct F20
holding LQDT Stock Option Grant 50,170 30 Oct 2024 Common Stock 50,170 $19.04 Direct F20
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
F2 These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
F3 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F4 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.
F5 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.
F6 Twenty-five percent of this restricted stock unit grant vested on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
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 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.
F9 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F10 These options became fully exercisable on October 1, 2019.
F11 These options became fully exercisable on October 1, 2020.
F12 These options became fully exercisable on October 1, 2021.
F13 These options became fully exercisable on October 1, 2022.
F14 These options became fully exercisable on January 1, 2024.
F15 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
F16 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.
F17 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.
F18 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.
F19 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.
F20 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.