Mark A. Shaffer - 20 Dec 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Signature
/s/ Mark A. Shaffer
Issuer symbol
LQDT
Transactions as of
20 Dec 2024
Net transactions value
$0
Form type
4
Filing time
23 Dec 2024, 16:48:45 UTC
Previous filing
01 Nov 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +879 +2.2% $0.000000 40,271 20 Dec 2024 By The Mark A. Shaffer Revocable Trust F13

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 Options Exercise $0 -1,295 -10% $0.000000 11,655 20 Dec 2024 Common Stock 12,950 Direct F4, F8, F15
holding LQDT Restricted Stock Unit Grant 1,912 20 Dec 2024 Common Stock 1,912 Direct F2, F4
holding LQDT Restricted Stock Unit Grant 4,360 20 Dec 2024 Common Stock 4,360 Direct F4, F14
holding LQDT Restrcited Stock Unit Grant 9,712 20 Dec 2024 Common Stock 9,712 Direct F4, F7
holding LQDT Restricted Stock Unit Grant 14,630 20 Dec 2024 Common Stock 14,630 Direct F4, F9
holding LQDT Restricted Stock Unit Grant 8,720 20 Dec 2024 Common Stock 8,720 Direct F4, F8
holding LQDT Restricted Stock Unit Grant 14,630 20 Dec 2024 Common Stock 14,630 Direct F4, F8
holding LQDT Stock Option Grant 4,443 20 Dec 2024 Common Stock 4,443 $9.46 Direct F1
holding LQDT Stock Option Grant 7,740 20 Dec 2024 Common Stock 7,740 $22.20 Direct F3
holding LQDT Stock Option Grant 10,405 20 Dec 2024 Common Stock 10,405 $14.00 Direct F6
holding LQDT Stock Option Grant 11,825 20 Dec 2024 Common Stock 11,825 $17.31 Direct F10
holding LQDT Stock Option Grant 7,740 20 Dec 2024 Common Stock 7,740 $22.20 Direct F5
holding LQDT Stock Option Grant 10,405 20 Dec 2024 Common Stock 10,405 $14.00 Direct F5
holding LQDT Stock Option Grant 11,825 20 Dec 2024 Common Stock 11,825 $17.31 Direct F5
holding LQDT Restricted Stock Unit Grant 12,650 20 Dec 2024 Common Stock 12,650 Direct F4, F11
holding LQDT Restricted Stock Unit Grant 12,650 20 Dec 2024 Common Stock 12,650 Direct F4, F8
holding LQDT Stock Option Grant 10,700 20 Dec 2024 Common Stock 10,700 $21.62 Direct F12
holding LQDT Stock Option Grant 10,700 20 Dec 2024 Common Stock 10,700 $21.62 Direct F5
* 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, 1/48th will vest each month for thirty-six months.
F2 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.
F3 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.
F4 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F5 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F6 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.
F7 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.
F8 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F9 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.
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 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.
F12 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.
F13 Represents the net issuance of 879 shares from the vesting of 1,295 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 416 shares.
F14 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.
F15 Represents the vesting of restricted stock units.