Novelette Murray - 25 Feb 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
Chief Human Resources Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
25 Feb 2025
Net transactions value
-$747,662
Form type
4
Filing time
27 Feb 2025, 16:51:29 UTC
Previous filing
13 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 Sale $269,574 -7,938 -18% $33.96 36,181 25 Feb 2025 Direct
transaction LQDT Common Stock Options Exercise $0 +1,382 +3.8% $0.000000 37,563 25 Feb 2025 Direct F15
transaction LQDT Common Stock Other $46,477 -1,382 -3.7% $33.63 36,181 25 Feb 2025 Direct F16
transaction LQDT Common Stock Options Exercise $0 +1,429 +3.9% $0.000000 37,610 25 Feb 2025 Direct F17
transaction LQDT Common Stock Other $48,057 -1,429 -3.8% $33.63 36,181 25 Feb 2025 Direct F18
transaction LQDT Common Stock Sale $383,554 -11,009 -30% $34.84 25,172 26 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 Restricted Stock Unit Grant Options Exercise $0 -2,071 -22% $0.000000 7,249 25 Feb 2025 Common Stock 9,320 Direct F2, F3
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,142 -20% $0.000000 8,568 25 Feb 2025 Common Stock 10,710 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 1,745 25 Feb 2025 Common Stock 1,745 Direct F2, F12
holding LQDT Restricted Stock Unit Grant 5,177 25 Feb 2025 Common Stock 5,177 Direct F2, F13
holding LQDT Restricted Stock Unit Grant 8,032 25 Feb 2025 Common Stock 8,032 Direct F2, F14
holding LQDT Restricted Stock Unit Grant 9,500 25 Feb 2025 Common Stock 9,500 Direct F2, F11
holding LQDT Restricted Stock Units 4,188 25 Feb 2025 Common Stock 4,188 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 9,500 25 Feb 2025 Common Stock 9,500 Direct F2, F3
holding LQDT Stock Option Grant 1,850 25 Feb 2025 Common Stock 1,850 $10.30 Direct F5
holding LQDT Stock Option Grant 7,693 25 Feb 2025 Common Stock 7,693 $9.46 Direct F1
holding LQDT Stock Option Grant 6,190 25 Feb 2025 Common Stock 6,190 $22.20 Direct F7
holding LQDT Stock Option Grant 5,027 25 Feb 2025 Common Stock 5,027 $14.00 Direct F8
holding LQDT Stock Option Grant 8,660 25 Feb 2025 Common Stock 8,660 $17.31 Direct F9
holding LQDT Stock Option Grant 8,000 25 Feb 2025 Common Stock 8,000 $21.62 Direct F10
holding LQDT Stock Option Grant 1,054 25 Feb 2025 Common Stock 1,054 $10.30 Direct F4
holding LQDT Stock Option Grant 6,190 25 Feb 2025 Common Stock 6,190 $22.20 Direct F6
holding LQDT Stock Option Grant 8,320 25 Feb 2025 Common Stock 8,320 $14.00 Direct F6
holding LQDT Stock Option Grant 8,660 25 Feb 2025 Common Stock 8,660 $17.31 Direct F6
holding LQDT Stock Option Grant 8,000 25 Feb 2025 Common Stock 8,000 $21.62 Direct F6
* 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, 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 will 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 completion of the Issuer's strategic transformation as well as the Issuer's achievement of certain financial milestones.
F5 15/48th of this option grant vested on January 1, 2018 and thereafter, an additional 1/48th vests each month for thirty-three months.
F6 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.
F15 Represents the net issuance of 1,382 shares from the vesting of 2,071 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 689 shares.
F16 In accordance with the Issuer's policies, the reporting person has elected that each time RSUs vest, shares are withheld by the issuer to cover taxes and any remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,382 shares received by the reporting person pursuant to the election described in the immediately preceding sentence.
F17 Represents the net issuance of 1,429 shares from the vesting of 2,142 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 713 shares.
F18 In accordance with the Issuer's policies, the reporting person has elected that each time RSUs vest, shares are withheld by the issuer to cover taxes and any remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,492 shares received by the reporting person pursuant to the election described in the immediately preceding sentence.