John Daunt - 17 Dec 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
EVP, Chief Commercial Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
17 Dec 2024
Net transactions value
-$81,165
Form type
4
Filing time
18 Dec 2024, 17:59:14 UTC
Previous filing
01 Nov 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
transaction LQDT Common Stock Options Exercise $24,747 +2,616 +6% $9.46 45,925 17 Dec 2024 By The Daunt Family Trust F14
transaction LQDT Common Stock Sale $83,058 -2,616 -5.7% $31.75 43,309 17 Dec 2024 By The Daunt Family Trust
transaction LQDT Common Stock Options Exercise $30,037 +1,353 +3.1% $22.20 44,662 17 Dec 2024 By The Daunt Family Trust F15
transaction LQDT Common Stock Sale $42,741 -1,353 -3% $31.59 43,309 17 Dec 2024 By The Daunt Family Trust
transaction LQDT Common Stock Options Exercise $8,078 +577 +1.3% $14.00 43,886 17 Dec 2024 By The Daunt Family Trust F16
transaction LQDT Common Stock Sale $18,227 -577 -1.3% $31.59 43,309 17 Dec 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 -5,100 -80% $0.000000 1,275 17 Dec 2024 Common Stock 6,375 $9.46 Direct F11
transaction LQDT Stock Option Grant Options Exercise $0 -5,644 -73% $0.000000 2,096 17 Dec 2024 Common Stock 7,740 $22.20 Direct F2
transaction LQDT Stock Option Grant Options Exercise $0 -1,386 -14% $0.000000 8,667 17 Dec 2024 Common Stock 10,053 $14.00 Direct F9
holding LQDT Restricted Stock Unit Grant 2,762 17 Dec 2024 Common Stock 2,762 Direct F1, F4
holding LQDT Restricted Stock Unit Grant 4,360 17 Dec 2024 Common Stock 4,360 Direct F3, F4
holding LQDT Restricted Stock Unit Grant 15,532 17 Dec 2024 Common Stock 15,532 Direct F4, F5
holding LQDT Restricted Stock Unit Grant 19,325 17 Dec 2024 Common Stock 19,325 Direct F4, F8
holding LQDT Restricted Stock Unit Grant 8,720 17 Dec 2024 Common Stock 8,720 Direct F4, F6
holding LQDT Restricted Stock Unit Grant 20,710 17 Dec 2024 Common Stock 20,710 Direct F4, F6
holding LQDT Restrcited Stock Unit Grant 19,325 17 Dec 2024 Common Stock 19,325 Direct F4, F6
holding LQDT Stock Option Grant 15,620 17 Dec 2024 Common Stock 15,620 $17.31 Direct F10
holding LQDT Stock Option Grant 10,066 17 Dec 2024 Common Stock 10,066 $6.11 Direct F7
holding LQDT Stock Option Grant 7,740 17 Dec 2024 Common Stock 7,740 $22.20 Direct F7
holding LQDT Stock Option Grant 16,640 17 Dec 2024 Common Stock 16,640 $14.00 Direct F7
holding LQDT Stock Option Grant 15,620 17 Dec 2024 Common Stock 15,620 $17.31 Direct F7
holding LQDT Restricted Stock Unit Grant 22,100 17 Dec 2024 Common Stock 22,100 Direct F4, F12
holding LQDT Restricted Stock Unit Grant 22,100 17 Dec 2024 Common Stock 22,100 Direct F4, F6
holding LQDT Stock Option Grant 18,700 17 Dec 2024 Common Stock 18,700 $21.62 Direct F13
holding LQDT Stock Option Grant 18,700 17 Dec 2024 Common Stock 18,700 $21.62 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F5 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.
F6 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F7 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F8 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.
F9 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.
F10 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.
F11 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
F12 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.
F13 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.
F14 The reporting person exercised 5,100 stock options; 2,484 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 2,616 shares were acquired by the reporting person.
F15 The reporting person exercised 5,644 stock options; 4,291 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,353 shares were acquired by the reporting person.
F16 The reporting person exercised 1,386 stock options; 809 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 577 shares were acquired by the reporting person.