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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Feb 2025, 20:53:07 UTC
Prior SEC filing
21 Jan 2025
Next SEC filing
27 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark A. Shaffer
Filing notes and source

Key filing fact

Mark A. Shaffer filed Form 4 for LIQUIDITY SERVICES INC (LQDT) on 12 Feb 2025.

Key facts

  • This page summarizes Mark A. Shaffer's Form 4 filing for LIQUIDITY SERVICES INC (LQDT).
  • 25 reported transactions and 17 derivative rows are listed below.
  • Accepted by SEC: 12 Feb 2025, 20:53.

Change

  • Previous filing in this sequence was filed on 21 Jan 2025.
  • Current net transaction value: -$512,281.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LQDT transaction

Common Stock

Sale

Transaction value
$126,065
Shares
-3,633
Change %
-7.3%
Price
$34.70
Shares after
46,200
Date
10 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Sale

Transaction value
$329,694
Shares
-9,537
Change %
-21%
Price
$34.57
Shares after
36,663
Date
11 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Sale

Transaction value
$20,080
Shares
-580
Change %
-1.6%
Price
$34.62
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$14,090
Shares
+814
Change %
+2.3%
Price
$17.31
Shares after
36,897
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
Footnotes
F13
LQDT transaction

Common Stock

Sale

Transaction value
$29,125
Shares
-814
Change %
-2.2%
Price
$35.78
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$2,185
Shares
+231
Change %
+0.64%
Price
$9.46
Shares after
36,314
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
Footnotes
F14
LQDT transaction

Common Stock

Sale

Transaction value
$8,265
Shares
-231
Change %
-0.64%
Price
$35.78
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$15,984
Shares
+720
Change %
+2%
Price
$22.20
Shares after
36,803
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
Footnotes
F15
LQDT transaction

Common Stock

Sale

Transaction value
$25,682
Shares
-720
Change %
-2%
Price
$35.67
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$29,149
Shares
+1,313
Change %
+3.6%
Price
$22.20
Shares after
37,396
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
Footnotes
F16
LQDT transaction

Common Stock

Sale

Transaction value
$46,835
Shares
-1,313
Change %
-3.5%
Price
$35.67
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$27,188
Shares
+1,942
Change %
+5.4%
Price
$14.00
Shares after
38,025
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
Footnotes
F17
LQDT transaction

Common Stock

Sale

Transaction value
$69,271
Shares
-1,942
Change %
-5.1%
Price
$35.67
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$5,670
Shares
+405
Change %
+1.1%
Price
$14.00
Shares after
36,488
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
Footnotes
F18
LQDT transaction

Common Stock

Sale

Transaction value
$14,446
Shares
-405
Change %
-1.1%
Price
$35.67
Shares after
36,083
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$7,148
Shares
+322
Change %
+0.89%
Price
$22.20
Shares after
36,405
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$6,062
Shares
+433
Change %
+1.2%
Price
$14.00
Shares after
36,838
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$37,433
Shares
+3,957
Change %
+11%
Price
$9.46
Shares after
40,795
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust
LQDT transaction

Common Stock

Options Exercise

Transaction value
$12,273
Shares
+709
Change %
+1.7%
Price
$17.31
Shares after
41,504
Date
12 Feb 2025
Ownership
By The Mark A. Shaffer Revocable Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LQDT transaction Derivative

Stock Option Grant

Options Exercise

Transaction value
$0
Shares
-4,443
Change %
-100%
Price
$0.000000
Shares after
0
Date
12 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,443
Exercise price
$9.46
Footnotes
F1
LQDT transaction Derivative

Stock Option Grant

Options Exercise

Transaction value
$0
Shares
-5,966
Change %
-77%
Price
$0.000000
Shares after
1,774
Date
12 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,740
Exercise price
$22.20
Footnotes
F2
LQDT transaction Derivative

Stock Option Grant

Options Exercise

Transaction value
$0
Shares
-5,419
Change %
-52%
Price
$0.000000
Shares after
4,986
Date
12 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,405
Exercise price
$14.00
Footnotes
F5
LQDT transaction Derivative

Stock Option Grant

Options Exercise

Transaction value
$0
Shares
-3,203
Change %
-27%
Price
$0.000000
Shares after
8,622
Date
12 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,825
Exercise price
$17.31
Footnotes
F6
LQDT transaction Derivative

Stock Option Grant

Options Exercise

Transaction value
$0
Shares
-3,096
Change %
-40%
Price
$0.000000
Shares after
4,644
Date
12 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,740
Exercise price
$22.20
Footnotes
F4
LQDT transaction Derivative

Stock Option Grant

Options Exercise

Transaction value
$0
Shares
-1,040
Change %
-10%
Price
$0.000000
Shares after
9,365
Date
12 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,405
Exercise price
$14.00
Footnotes
F4
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,180
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,180
Exercise price
Footnotes
F3, F9
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,475
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,475
Exercise price
Footnotes
F3, F10
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,972
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,972
Exercise price
Footnotes
F3, F11
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,650
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,650
Exercise price
Footnotes
F3, F7
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,232
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,232
Exercise price
Footnotes
F3, F12
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,655
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,655
Exercise price
Footnotes
F3, F12
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,630
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,630
Exercise price
Footnotes
F3, F12
LQDT holding Derivative

Restricted Stock Unit Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,650
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,650
Exercise price
Footnotes
F3, F12
LQDT holding Derivative

Stock Option Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,700
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,700
Exercise price
$21.62
Footnotes
F8
LQDT holding Derivative

Stock Option Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,825
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,825
Exercise price
$17.31
Footnotes
F4
LQDT holding Derivative

Stock Option Grant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,700
Date
10 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,700
Exercise price
$21.62
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 18 footnotes

Footnote F1

12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.

Footnote 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.

Footnote F3

Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.

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 will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.

Footnote 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.

Footnote 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.

Footnote 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

Footnote 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.

Footnote 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.

Footnote F12

These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

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