Mark A. Shaffer - 02 Jan 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Signature
/s/ Mark A. Shaffer
Issuer symbol
LQDT
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4
Filing time
06 Jan 2025, 17:01:21 UTC
Previous filing
23 Dec 2024
Next filing
21 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +1,252 +3.1% $0.000000 41,523 02 Jan 2025 By The Mark A. Shaffer Revocable Trust F14
transaction LQDT Common Stock Options Exercise $0 +1,428 +3.4% $0.000000 42,951 02 Jan 2025 By The Mark A. Shaffer Revocable Trust F15
transaction LQDT Common Stock Options Exercise $0 +2,120 +4.9% $0.000000 45,071 02 Jan 2025 By The Mark A. Shaffer Revocable Trust F16
transaction LQDT Common Stock Options Exercise $0 +2,396 +5.3% $0.000000 47,467 02 Jan 2025 By The Mark A. Shaffer Revocable Trust F17

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 Resticted Stock Unit Grant Options Exercise $0 -1,912 -100% $0.000000 0 02 Jan 2025 Common Stock 1,912 Direct F2, F4, F18
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,180 -50% $0.000000 2,180 02 Jan 2025 Common Stock 4,360 Direct F4, F13, F18
transaction LQDT Restriucted Stock Unit Grant Options Exercise $0 -3,237 -33% $0.000000 6,475 02 Jan 2025 Common Stock 9,712 Direct F4, F7, F18
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -3,658 -25% $0.000000 10,972 02 Jan 2025 Common Stock 14,630 Direct F4, F9, F18
holding LQDT Restricted Stock Unit Grant 8,720 02 Jan 2025 Common Stock 8,720 Direct F4, F8
holding LQDT Restricted Stock Unit Grant 14,630 02 Jan 2025 Common Stock 14,630 Direct F4, F8
holding LQDT Stock Option Grant 4,443 02 Jan 2025 Common Stock 4,443 $9.46 Direct F1
holding LQDT Stock Option Grant 7,740 02 Jan 2025 Common Stock 7,740 $22.20 Direct F3
holding LQDT Stock Option Grant 10,405 02 Jan 2025 Common Stock 10,405 $14.00 Direct F6
holding LQDT Stock Option Grant 11,825 02 Jan 2025 Common Stock 11,825 $17.31 Direct F10
holding LQDT Stock Option Grant 7,740 02 Jan 2025 Common Stock 7,740 $22.20 Direct F5
holding LQDT Stock Option Grant 10,405 02 Jan 2025 Common Stock 10,405 $14.00 Direct F5
holding LQDT Stock Option Grant 11,825 02 Jan 2025 Common Stock 11,825 $17.31 Direct F5
holding LQDT Restricted Stock Unit Grant 12,650 02 Jan 2025 Common Stock 12,650 Direct F4, F11
holding LQDT Restricted Stock Unit Grant 12,650 02 Jan 2025 Common Stock 12,650 Direct F4, F8
holding LQDT Stock Option Grant 10,700 02 Jan 2025 Common Stock 10,700 $21.62 Direct F12
holding LQDT Stock Option Grant 10,700 02 Jan 2025 Common Stock 10,700 $21.62 Direct F5
holding LQDT Restricted Stock Unit Grant 11,655 02 Jan 2025 Common Stock 11,655 Direct F4, F8
* 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 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.
F14 Represents the net issuance of 1,252 shares from the vesting of 1,912 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 660 shares.
F15 Represents the net issuance of 1,428 shares from the vesting of 2,180 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 752 shares.
F16 Represents the net issuance of 2,120 shares from the vesting of 3,237 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 1,117 shares.
F17 Represents the net issuance of 2,396 shares from the vesting of 3,658 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 1,262 shares.
F18 Represents the vesting of restricted stock units.