Jorge Celaya - 02 Jan 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4
Filing time
06 Jan 2025, 17:05:59 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 +1,246 +3.6% $0.000000 35,927 02 Jan 2025 Direct F15
transaction LQDT Common Stock Options Exercise $0 +1,092 +3% $0.000000 37,019 02 Jan 2025 Direct F17
transaction LQDT Common Stock Options Exercise $0 +2,595 +7% $0.000000 39,614 02 Jan 2025 Direct F18
transaction LQDT Common Stock Options Exercise $0 +3,355 +8.5% $0.000000 42,969 02 Jan 2025 Direct F19

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 -2,487 -100% $0.000000 0 02 Jan 2025 Common Stock 2,487 Direct F7, F9, F16
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,180 -50% $0.000000 2,180 02 Jan 2025 Common Stock 4,360 Direct F9, F11, F16
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -5,177 -33% $0.000000 10,355 02 Jan 2025 Common Stock 15,532 Direct F9, F12, F16
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -6,694 -25% $0.000000 20,081 02 Jan 2025 Common Stock 26,775 Direct F9, F10, F16
holding LQDT Restricted Stock Units 20,500 02 Jan 2025 Common Stock 20,500 Direct F9, F13
holding LQDT Restricted Stock Unit Grant 8,720 02 Jan 2025 Common Stock 8,720 Direct F8, F9
holding LQDT Restricted Stock Unit Grant 26,775 02 Jan 2025 Common Stock 26,775 Direct F8, F9
holding LQDT Restricted Stock Unit Grant 20,500 02 Jan 2025 Common Stock 20,500 Direct F8, F9
holding LQDT Stock Option Grant 13,770 02 Jan 2025 Common Stock 13,770 $6.69 Direct F2
holding LQDT Stock Option Grant 55,050 02 Jan 2025 Common Stock 55,050 $9.46 Direct F1
holding LQDT Stock Option Grant 7,740 02 Jan 2025 Common Stock 7,740 $22.20 Direct F4
holding LQDT Stock Option Grant 16,640 02 Jan 2025 Common Stock 16,640 $14.00 Direct F5
holding LQDT Stock Option Grant 21,640 02 Jan 2025 Common Stock 21,640 $17.31 Direct F6
holding LQDT Stock Option Grant 17,350 02 Jan 2025 Common Stock 17,350 $21.62 Direct F14
holding LQDT Stock Option Grant 55,050 02 Jan 2025 Common Stock 55,050 $9.46 Direct F3
holding LQDT Stock Option Grant 7,740 02 Jan 2025 Common Stock 7,740 $22.20 Direct F3
holding LQDT Stock Option Grant 16,640 02 Jan 2025 Common Stock 16,640 $14.00 Direct F3
holding LQDT Stock Option Grant 21,640 02 Jan 2025 Common Stock 21,640 $17.31 Direct F3
holding LQDT Stock Option Grant 17,350 02 Jan 2025 Common Stock 17,350 $21.62 Direct F3
holding LQDT Restricted Stock Unit Grant 18,639 02 Jan 2025 Common Stock 18,639 Direct F8, F9
* 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 1,246 shares from the vesting of 2,487 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 1,241 shares.
F16 Represents the vesting of time-based restricted stock units.
F17 Represents the net issuance of 1,092 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 1,088 shares.
F18 Represents the net issuance of 2,595 shares from the vesting of 5,177 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 2,582 shares.
F19 Represents the net issuance of 3,355 shares from the vesting of 6,694 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 3,339 shares.