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

Role
EVP & Chief Financial 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, 04:55 PM
Previous filing
Dec 18, 2024
Next filing
Jan 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +1.07K +3.19% $0.00 34.7K Dec 20, 2024 Direct F15

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 -2.07K -10% $0.00 18.6K Dec 20, 2024 Common Stock 20.7K Direct F8, F9, F16
holding LQDT Restricted Stock Unit Grant 2.49K Dec 20, 2024 Common Stock 2.49K Direct F7, F9
holding LQDT Restricted Stock Unit Grant 4.36K Dec 20, 2024 Common Stock 4.36K Direct F9, F11
holding LQDT Restricted Stock Unit Grant 15.5K Dec 20, 2024 Common Stock 15.5K Direct F9, F12
holding LQDT Restricted Stock Unit Grant 26.8K Dec 20, 2024 Common Stock 26.8K Direct F9, F10
holding LQDT Restricted Stock Units 20.5K Dec 20, 2024 Common Stock 20.5K Direct F9, F13
holding LQDT Restricted Stock Unit Grant 8.72K Dec 20, 2024 Common Stock 8.72K Direct F8, F9
holding LQDT Restricted Stock Unit Grant 26.8K Dec 20, 2024 Common Stock 26.8K Direct F8, F9
holding LQDT Restricted Stock Unit Grant 20.5K Dec 20, 2024 Common Stock 20.5K Direct F8, F9
holding LQDT Stock Option Grant 13.8K Dec 20, 2024 Common Stock 13.8K $6.69 Direct F2
holding LQDT Stock Option Grant 55.1K Dec 20, 2024 Common Stock 55.1K $9.46 Direct F1
holding LQDT Stock Option Grant 7.74K Dec 20, 2024 Common Stock 7.74K $22.20 Direct F4
holding LQDT Stock Option Grant 16.6K Dec 20, 2024 Common Stock 16.6K $14.00 Direct F5
holding LQDT Stock Option Grant 21.6K Dec 20, 2024 Common Stock 21.6K $17.31 Direct F6
holding LQDT Stock Option Grant 17.4K Dec 20, 2024 Common Stock 17.4K $21.62 Direct F14
holding LQDT Stock Option Grant 55.1K Dec 20, 2024 Common Stock 55.1K $9.46 Direct F3
holding LQDT Stock Option Grant 7.74K Dec 20, 2024 Common Stock 7.74K $22.20 Direct F3
holding LQDT Stock Option Grant 16.6K Dec 20, 2024 Common Stock 16.6K $14.00 Direct F3
holding LQDT Stock Option Grant 21.6K Dec 20, 2024 Common Stock 21.6K $17.31 Direct F3
holding LQDT Stock Option Grant 17.4K Dec 20, 2024 Common Stock 17.4K $21.62 Direct F3
* 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, an additional 1/48th will vest each month for thirty-six months.
F2 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
F3 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
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 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.
F6 12/48th will vest on January 1, 2025 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, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.
F8 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F9 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
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 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.
F12 Twenty-five percent of this restricted stock unit grant vested on January 1, 2024 and thereafter, an additional 1/4th will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F13 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.
F14 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.
F15 Represents the net issuance of 1,073 shares from the vesting of 2,071 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 998 shares.
F16 Represents the vesting of restricted stock units.