Mark A. Shaffer - 10 Feb 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
VP, Gen. Counsel & Secretary
Signature
/s/ Mark A. Shaffer
Issuer symbol
LQDT
Transactions as of
10 Feb 2025
Net transactions value
-$512,281
Form type
4
Filing time
12 Feb 2025, 20:53:07 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 $126,065 -3,633 -7.3% $34.70 46,200 10 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Sale $329,694 -9,537 -21% $34.57 36,663 11 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Sale $20,080 -580 -1.6% $34.62 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $14,090 +814 +2.3% $17.31 36,897 12 Feb 2025 By The Mark A. Shaffer Revocable Trust F13
transaction LQDT Common Stock Sale $29,125 -814 -2.2% $35.78 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $2,185 +231 +0.64% $9.46 36,314 12 Feb 2025 By The Mark A. Shaffer Revocable Trust F14
transaction LQDT Common Stock Sale $8,265 -231 -0.64% $35.78 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $15,984 +720 +2% $22.20 36,803 12 Feb 2025 By The Mark A. Shaffer Revocable Trust F15
transaction LQDT Common Stock Sale $25,682 -720 -2% $35.67 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $29,149 +1,313 +3.6% $22.20 37,396 12 Feb 2025 By The Mark A. Shaffer Revocable Trust F16
transaction LQDT Common Stock Sale $46,835 -1,313 -3.5% $35.67 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $27,188 +1,942 +5.4% $14.00 38,025 12 Feb 2025 By The Mark A. Shaffer Revocable Trust F17
transaction LQDT Common Stock Sale $69,271 -1,942 -5.1% $35.67 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $5,670 +405 +1.1% $14.00 36,488 12 Feb 2025 By The Mark A. Shaffer Revocable Trust F18
transaction LQDT Common Stock Sale $14,446 -405 -1.1% $35.67 36,083 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $7,148 +322 +0.89% $22.20 36,405 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $6,062 +433 +1.2% $14.00 36,838 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $37,433 +3,957 +11% $9.46 40,795 12 Feb 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $12,273 +709 +1.7% $17.31 41,504 12 Feb 2025 By The Mark A. Shaffer Revocable 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 -4,443 -100% $0.000000 0 12 Feb 2025 Common Stock 4,443 $9.46 Direct F1
transaction LQDT Stock Option Grant Options Exercise $0 -5,966 -77% $0.000000 1,774 12 Feb 2025 Common Stock 7,740 $22.20 Direct F2
transaction LQDT Stock Option Grant Options Exercise $0 -5,419 -52% $0.000000 4,986 12 Feb 2025 Common Stock 10,405 $14.00 Direct F5
transaction LQDT Stock Option Grant Options Exercise $0 -3,203 -27% $0.000000 8,622 12 Feb 2025 Common Stock 11,825 $17.31 Direct F6
transaction LQDT Stock Option Grant Options Exercise $0 -3,096 -40% $0.000000 4,644 12 Feb 2025 Common Stock 7,740 $22.20 Direct F4
transaction LQDT Stock Option Grant Options Exercise $0 -1,040 -10% $0.000000 9,365 12 Feb 2025 Common Stock 10,405 $14.00 Direct F4
holding LQDT Restricted Stock Unit Grant 2,180 10 Feb 2025 Common Stock 2,180 Direct F3, F9
holding LQDT Restricted Stock Unit Grant 6,475 10 Feb 2025 Common Stock 6,475 Direct F3, F10
holding LQDT Restricted Stock Unit Grant 10,972 10 Feb 2025 Common Stock 10,972 Direct F3, F11
holding LQDT Restricted Stock Unit Grant 12,650 10 Feb 2025 Common Stock 12,650 Direct F3, F7
holding LQDT Restricted Stock Unit Grant 5,232 10 Feb 2025 Common Stock 5,232 Direct F3, F12
holding LQDT Restricted Stock Unit Grant 11,655 10 Feb 2025 Common Stock 11,655 Direct F3, F12
holding LQDT Restricted Stock Unit Grant 14,630 10 Feb 2025 Common Stock 14,630 Direct F3, F12
holding LQDT Restricted Stock Unit Grant 12,650 10 Feb 2025 Common Stock 12,650 Direct F3, F12
holding LQDT Stock Option Grant 10,700 10 Feb 2025 Common Stock 10,700 $21.62 Direct F8
holding LQDT Stock Option Grant 11,825 10 Feb 2025 Common Stock 11,825 $17.31 Direct F4
holding LQDT Stock Option Grant 10,700 10 Feb 2025 Common Stock 10,700 $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, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
F2 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.
F3 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
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 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 vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
F8 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.
F9 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
F10 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.
F11 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.
F12 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F13 The reporting person exercised 2,494 stock options; 1,680 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 814 shares were acquired by the reporting person.
F14 The reporting person exercised 486 stock options; 255 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 231 shares were acquired by the reporting person.
F15 The reporting person exercised 3,096 stock options; 2,376 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 720 shares were acquired by the reporting person.
F16 The reporting person exercised 5,644 stock options; 4,331 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,313 shares were acquired by the reporting person.
F17 The reporting person exercised 4,986 stock options; 3,044 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,942 shares were acquired by the reporting person.
F18 The reporting person exercised 1,040 stock options; 635 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 405 shares were acquired by the reporting person.