Mark A. Shaffer - 25 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
25 Feb 2025
Net transactions value
$0
Form type
4
Filing time
27 Feb 2025, 16:50:18 UTC
Previous filing
12 Feb 2025
Next filing
09 Sep 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 Options Exercise $0 +1,757 +4.2% $0.000000 43,261 25 Feb 2025 By The Mark A. Shaffer Revocable Trust F12
transaction LQDT Common Stock Options Exercise $0 +1,985 +4.6% $0.000000 45,246 25 Feb 2025 By The Mark A. Shaffer Revocable Trust F13

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 Restricted Stock Unit Grant Options Exercise $0 -2,590 -22% $0.000000 9,065 25 Feb 2025 Common Stock 11,655 Direct F2, F11
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,926 -20% $0.000000 11,704 25 Feb 2025 Common Stock 14,630 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 2,180 25 Feb 2025 Common Stock 2,180 Direct F2, F8
holding LQDT Restricted Stock Unit Grant 6,475 25 Feb 2025 Common Stock 6,475 Direct F2, F9
holding LQDT Restricted Stock Unit Grant 10,972 25 Feb 2025 Common Stock 10,972 Direct F2, F10
holding LQDT Restricted Stock Unit Grant 12,650 25 Feb 2025 Common Stock 12,650 Direct F2, F6
holding LQDT Restricted Stock Unit Grant 5,232 25 Feb 2025 Common Stock 5,232 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 12,650 25 Feb 2025 Common Stock 12,650 Direct F2, F11
holding LQDT Stock Option Grant 10,700 25 Feb 2025 Common Stock 10,700 $21.62 Direct F7
holding LQDT Stock Option Grant 11,825 25 Feb 2025 Common Stock 11,825 $17.31 Direct F3
holding LQDT Stock Option Grant 10,700 25 Feb 2025 Common Stock 10,700 $21.62 Direct F3
holding LQDT Stock Option Grant 1,774 25 Feb 2025 Common Stock 1,774 $22.20 Direct F1
holding LQDT Stock Option Grant 4,986 25 Feb 2025 Common Stock 4,986 $14.00 Direct F4
holding LQDT Stock Option Grant 8,622 25 Feb 2025 Common Stock 8,622 $17.31 Direct F5
holding LQDT Stock Option Grant 4,644 25 Feb 2025 Common Stock 4,644 $22.20 Direct F3
holding LQDT Stock Option Grant 9,365 25 Feb 2025 Common Stock 9,365 $14.00 Direct F3
* 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 options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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
F9 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.
F10 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.
F11 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F12 Represents the net issuance of 1,757 shares from the vesting of 2,590 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 833 shares.
F13 Represents the net issuance of 1,985 shares from the vesting of 2,926 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 941 shares.