Steven Weiskircher - 10 Feb 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
SVP & Chief Technology Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
10 Feb 2025
Net transactions value
-$894,685
Form type
4
Filing time
12 Feb 2025, 18:42:13 UTC
Previous filing
21 Jan 2025
Next filing
27 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Sale $340,100 -10,000 -15% $34.01 58,401 10 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $9,507 +1,005 +1.7% $9.46 59,406 10 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $11,455 +516 +0.87% $22.20 59,922 10 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $6,552 +468 +0.78% $14.00 60,390 10 Feb 2025 Direct
transaction LQDT Common Stock Sale $27,547 -815 -1.3% $33.80 59,575 10 Feb 2025 Direct F13
transaction LQDT Common Stock Sale $340,600 -10,000 -17% $34.06 49,575 11 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $18,851 +1,089 +2.2% $17.31 50,664 11 Feb 2025 Direct F14
transaction LQDT Common Stock Sale $37,189 -1,089 -2.1% $34.15 49,575 11 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $21,667 +976 +2% $22.20 50,551 11 Feb 2025 Direct F15
transaction LQDT Common Stock Sale $33,399 -976 -1.9% $34.22 49,575 11 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $5,250 +375 +0.76% $14.00 49,950 11 Feb 2025 Direct F16
transaction LQDT Common Stock Sale $12,832 -375 -0.75% $34.22 49,575 11 Feb 2025 Direct
transaction LQDT Common Stock Sale $176,300 -5,000 -10% $35.26 44,575 12 Feb 2025 Direct

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 -1,005 -34% $0.000000 1,975 10 Feb 2025 Common Stock 2,980 $9.46 Direct F2
transaction LQDT Stock Option Grant Options Exercise $0 -516 -15% $0.000000 2,837 10 Feb 2025 Common Stock 3,353 $22.20 Direct F3
transaction LQDT Stock Option Grant Options Exercise $0 -468 -8% $0.000000 5,381 10 Feb 2025 Common Stock 5,849 $14.00 Direct F6
transaction LQDT Stock Option Grant Options Exercise $0 -3,908 -27% $0.000000 10,522 11 Feb 2025 Common Stock 14,430 $17.31 Direct F7
transaction LQDT Stock Option Grant Options Exercise $0 -4,952 -40% $0.000000 7,428 11 Feb 2025 Common Stock 12,380 $22.20 Direct F1
transaction LQDT Stock Option Grant Options Exercise $0 -1,123 -10% $0.000000 10,107 11 Feb 2025 Common Stock 11,230 $14.00 Direct F1
holding LQDT Restricted Stock Unit Grant 3,490 10 Feb 2025 Common Stock 3,490 Direct F4, F10
holding LQDT Restricted Stock Unit Grant 6,985 10 Feb 2025 Common Stock 6,985 Direct F4, F11
holding LQDT Restricted Stock Unit Grant 13,387 10 Feb 2025 Common Stock 13,387 Direct F4, F12
holding LQDT Restricted Stock Unit 19,700 10 Feb 2025 Common Stock 19,700 Direct F4, F8
holding LQDT Restricted Stock Unit Grant 8,396 10 Feb 2025 Common Stock 8,396 Direct F4, F5
holding LQDT Restricted Stock Unit Grant 12,852 10 Feb 2025 Common Stock 12,582 Direct F4, F5
holding LQDT Restricted Stock Unit Grant 17,850 10 Feb 2025 Common Stock 17,850 Direct F4, F5
holding LQDT Restricted Stock Unit Grant 19,700 10 Feb 2025 Common Stock 19,700 Direct F4, F5
holding LQDT Stock Option Grant 16,700 10 Feb 2025 Common Stock 16,700 $21.62 Direct F9
holding LQDT Stock Option Grant 14,430 10 Feb 2025 Common Stock 14,430 $17.31 Direct F1
holding LQDT Stock Option Grant 16,700 10 Feb 2025 Common Stock 16,700 $21.62 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F2 These options became fully exercisable on 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 restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F6 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F7 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.
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 surrendered 815 shares with a market value of $27,547.00 to the issuer to pay the cost and related taxes associated with the exercise of the stock options described above (i.e., the 1,005 options with an exercise price of $9.46, 516 options with an exercise price of $22.20, and 468 options with an exercise price of $14.00).
F14 The reporting person exercised 3,908 stock options; 2,819 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,089 shares were acquired by the reporting person.
F15 The reporting person exercised 4,952 stock options; 3,976 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 976 shares were acquired by the reporting person.
F16 The reporting person exercised 1,123 stock options; 748 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 375 shares were acquired by the reporting person.