William P. Angrick III - Oct 30, 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
Oct 30, 2024
Transactions value $
$0
Form type
4
Date filed
11/1/2024, 06:23 PM
Previous filing
Jan 4, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 5.19M Oct 30, 2024 By the William P. Angrick III Revocable Trust
holding LQDT Common Stock 873K Oct 30, 2024 By the William P. Angrick III 2005 Irrevocable Trust F1
holding LQDT Common Stock 576K Oct 30, 2024 By the Stephanie S. Angrick 2005 Irrevocable Trust F2
holding LQDT Common Stock 115K Oct 30, 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 +63.1K $0.00 63.1K Oct 30, 2024 Common Stock 63.1K Direct F3, F8
transaction LQDT Restricted Stock Unit Grant Award $0 +63.1K $0.00 63.1K Oct 30, 2024 Common Stock 63.1K Direct F3, F9
transaction LQDT Stock Option Grant Award $0 +53.6K $0.00 53.6K Oct 30, 2024 Common Stock 53.6K $23.78 Direct F19
transaction LQDT Stock Option Grant Award $0 +53.6K $0.00 53.6K Oct 30, 2024 Common Stock 53.6K $23.78 Direct F20
holding LQDT Restricted Stock Unit Grant 5.93K Oct 30, 2024 Common Stock 5.93K Direct F3, F4
holding LQDT Restricted Stock Unit Grant 31.4K Oct 30, 2024 Common Stock 31.4K Direct F3, F5
holding LQDT Restricted Stock Unit Grant 51.2K Oct 30, 2024 Common Stock 51.2K Direct F3, F6
holding LQDT Restricted Stock Unit Grant 61.6K Oct 30, 2024 Common Stock 61.6K Direct F3, F7
holding LQDT Restricted Stock Unit Grant 62.8K Oct 30, 2024 Common Stock 62.8K Direct F3, F9
holding LQDT Restricted Stock Unit Grant 68.3K Oct 30, 2024 Common Stock 68.3K Direct F3, F9
holding LQDT Restricted Stock Unit Grant 61.6K Oct 30, 2024 Common Stock 61.6K Direct F3, F9
holding LQDT Stock Option Grant 56.2K Oct 30, 2024 Common Stock 56.2K $7.29 Direct F10
holding LQDT Stock Option Grant 38K Oct 30, 2024 Common Stock 38K $9.13 Direct F11
holding LQDT Stock Option Grant 68.9K Oct 30, 2024 Common Stock 68.9K $4.92 Direct F12
holding LQDT Stock Option Grant 105K Oct 30, 2024 Common Stock 105K $6.72 Direct F13
holding LQDT Stock Option Grant 140K Oct 30, 2024 Common Stock 140K $7.36 Direct F14
holding LQDT Stock Option Grant 132K Oct 30, 2024 Common Stock 132K $10.41 Direct F15
holding LQDT Stock Option Grant 56.6K Oct 30, 2024 Common Stock 56.6K $24.42 Direct F16
holding LQDT Stock Option Grant 53.1K Oct 30, 2024 Common Stock 53.1K $15.40 Direct F17
holding LQDT Stock Option Grant 50.2K Oct 30, 2024 Common Stock 50.2K $19.04 Direct F18
holding LQDT Stock Option Grant 27.4K Oct 30, 2024 Common Stock 27.4K $9.13 Direct F20
holding LQDT Stock Option Grant 48K Oct 30, 2024 Common Stock 48K $4.92 Direct F20
holding LQDT Stock Option Grant 124K Oct 30, 2024 Common Stock 124K $6.72 Direct F20
holding LQDT Stock Option Grant 140K Oct 30, 2024 Common Stock 140K $7.36 Direct F20
holding LQDT Stock Option Grant 132K Oct 30, 2024 Common Stock 132K $10.41 Direct F20
holding LQDT Stock Option Grant 56.6K Oct 30, 2024 Common Stock 56.6K $24.42 Direct F20
holding LQDT Stock Option Grant 53.1K Oct 30, 2024 Common Stock 53.1K $15.40 Direct F20
holding LQDT Stock Option Grant 50.2K Oct 30, 2024 Common Stock 50.2K $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.