Steven Weiskircher - Dec 20, 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
SVP & Chief Technology Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Dec 20, 2024
Transactions value $
$0
Form type
4
Date filed
12/23/2024, 04:50 PM
Previous filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +796 +1.4% $0.00 57.7K Dec 20, 2024 Direct F14

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 -1.4K -10% $0.00 12.6K Dec 20, 2024 Common Stock 14K Direct F6, F7, F15
holding LQDT Restricted Stock Unit Grant 2.18K Dec 20, 2024 Common Stock 2.18K Direct F1, F6
holding LQDT Restricted Stock Unit Grant 6.98K Dec 20, 2024 Common Stock 6.98K Direct F5, F6
holding LQDT Resticted Stock Unit 10.5K Dec 20, 2024 Common Stock 10.5K Direct F6, F8
holding LQDT Resticted Stock Unit Grant 17.9K Dec 20, 2024 Common Stock 17.9K Direct F6, F10
holding LQDT Restricted Stock Unit 19.7K Dec 20, 2024 Common Stock 19.7K Direct F6, F12
holding LQDT Restricted Stock Unit Grant 14K Dec 20, 2024 Common Stock 14K Direct F6, F7
holding LQDT Restricted Stock Unit Grant 17.9K Dec 20, 2024 Common Stock 17.9K Direct F6, F7
holding LQDT Restricted Stock Unit Grant 19.7K Dec 20, 2024 Common Stock 19.7K Direct F6, F7
holding LQDT Stock Option Grant 14.4K Dec 20, 2024 Common Stock 14.4K $17.31 Direct F11
holding LQDT Stock Option Grant 16.7K Dec 20, 2024 Common Stock 16.7K $21.62 Direct F13
holding LQDT Stock Option Grant 12.4K Dec 20, 2024 Common Stock 12.4K $22.20 Direct F2
holding LQDT Stock Option Grant 11.2K Dec 20, 2024 Common Stock 11.2K $14.00 Direct F2
holding LQDT Stock Option Grant 14.4K Dec 20, 2024 Common Stock 14.4K $17.31 Direct F2
holding LQDT Stock Option Grant 16.7K Dec 20, 2024 Common Stock 16.7K $21.62 Direct F2
holding LQDT Stock Option Grant 2.98K Dec 20, 2024 Common Stock 2.98K $9.46 Direct F3
holding LQDT Stock Option Grant 3.35K Dec 20, 2024 Common Stock 3.35K $22.20 Direct F4
holding LQDT Stock Option Grant 5.85K Dec 20, 2024 Common Stock 5.85K $14.00 Direct F9
* 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 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F3 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
F4 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.
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 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F7 These restricted stock units vested, if at all, based on the Issuer's achievement of certain financial milestones.
F8 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.
F9 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F10 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
F11 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.
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 Represents the net issuance of 796 shares from the vesting of 1,398 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 602 shares.
F15 Represents the vesting of restricted stock units.