John Daunt - 10 Feb 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
10 Feb 2025
Net transactions value
-$43,373
Form type
4
Filing time
12 Feb 2025, 18:13:23 UTC
Previous filing
21 Jan 2025
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $24,217 +1,399 +3.2% $17.31 44,708 10 Feb 2025 By The Daunt Family Trust F13
transaction LQDT Common Stock Sale $46,769 -1,399 -3.1% $33.43 43,309 10 Feb 2025 By The Daunt Family Trust
transaction LQDT Common Stock Options Exercise $15,518 +699 +1.6% $22.20 44,008 10 Feb 2025 By The Daunt Family Trust F14
transaction LQDT Common Stock Sale $23,354 -699 -1.6% $33.41 43,309 10 Feb 2025 By The Daunt Family Trust
transaction LQDT Common Stock Options Exercise $9,366 +669 +1.5% $14.00 43,978 10 Feb 2025 By The Daunt Family Trust F15
transaction LQDT Common Stock Sale $22,351 -669 -1.5% $33.41 43,309 10 Feb 2025 By The Daunt Family Trust

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 Stock Option Grant Options Exercise $0 -1,664 -19% $0.000000 7,003 10 Feb 2025 Common Stock 8,667 $14.00 Direct F5
transaction LQDT Stock Option Grant Options Exercise $0 -4,230 -27% $0.000000 11,390 10 Feb 2025 Common Stock 15,620 $17.31 Direct F6
transaction LQDT Stock Option Grant Options Exercise $0 -3,096 -40% $0.000000 4,644 10 Feb 2025 Common Stock 7,740 $22.20 Direct F4
holding LQDT Restricted Stock Unit Grant 2,180 10 Feb 2025 Common Stock 2,180 Direct F2, F10
holding LQDT Restricted Stock Unit Grant 10,355 10 Feb 2025 Common Stock 10,355 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 14,494 10 Feb 2025 Common Stock 14,494 Direct F2, F12
holding LQDT Restricted Stock Unit Grant 22,100 10 Feb 2025 Common Stock 22,100 Direct F2, F8
holding LQDT Restricted Stock Unit Grant 5,232 10 Feb 2025 Common Stock 5,232 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 18,639 10 Feb 2025 Common Stock 18,639 Direct F2, F3
holding LQDT Restrcited Stock Unit Grant 19,325 10 Feb 2025 Common Stock 19,325 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 22,100 10 Feb 2025 Common Stock 22,100 Direct F2, F3
holding LQDT Stock Option Grant 1,275 10 Feb 2025 Common Stock 1,275 $9.46 Direct F7
holding LQDT Stock Option Grant 2,096 10 Feb 2025 Common Stock 2,096 $22.20 Direct F1
holding LQDT Stock Option Grant 18,700 10 Feb 2025 Common Stock 18,700 $21.62 Direct F9
holding LQDT Stock Option Grant 10,066 10 Feb 2025 Common Stock 10,066 $6.11 Direct F4
holding LQDT Stock Option Grant 16,640 10 Feb 2025 Common Stock 16,640 $14.00 Direct F4
holding LQDT Stock Option Grant 15,620 10 Feb 2025 Common Stock 15,620 $17.31 Direct F4
holding LQDT Stock Option Grant 18,700 10 Feb 2025 Common Stock 18,700 $21.62 Direct F4
* 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, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F2 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F3 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F4 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
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 of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F7 These options became fully exercisable on January 1, 2024.
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.
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.
F10 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.
F11 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.
F12 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.
F13 The reporting person exercised 4,230 stock options; 2,831 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,399 shares were acquired by the reporting person.
F14 The reporting person exercised 3,096 stock options; 2,397 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 699 shares were acquired by the reporting person.
F15 The reporting person exercised 1,664 stock options; 995 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 669 shares were acquired by the reporting person.