Key facts
- This page summarizes John Daunt's Form 4 filing for LIQUIDITY SERVICES INC (LQDT).
- 3 reported transactions and 18 derivative rows are listed below.
- Accepted by SEC: 21 Jan 2025, 16:34.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Other
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
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Additional SEC filing notes
Footnote F1
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.
Footnote F2
Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
Footnote F3
These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
Footnote F4
These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
Footnote 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.
Footnote F6
12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
Footnote F7
These options became fully exercisable on January 1, 2024.
Footnote F8
Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
Footnote F9
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.
Footnote F10
Represents the net issuance of 2,438 shares from the vesting of 3,488 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 1,050 shares.
Footnote F11
In accordance with the Issuer's policies, the reporting person has elected that each time RSUs vest, shares are withheld by the issuer to cover taxes and any remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 2,438 shares received by the reporting person pursuant to the election descirbed in the immediately preceding sentence.
Footnote F12
Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026.
Footnote F13
Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
Footnote F14
Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
Footnote F15
Represents the vesting of restricted stock units.