Jorge Celaya - Dec 5, 2023 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
CFO
Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Dec 5, 2023
Transactions value $
$0
Form type
4
Date filed
12/7/2023, 06:59 PM
Previous filing
May 10, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 44.4K Dec 5, 2023 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 Award $0 +26.8K $0.00 26.8K Dec 5, 2023 Common Stock 26.8K Direct F8, F15
transaction LQDT Restricted Stock Unit Grant Award $0 +26.8K $0.00 26.8K Dec 5, 2023 Common Stock 26.8K Direct F8, F13
holding LQDT Stock Option Grant 3.8K Dec 5, 2023 Common Stock 3.8K $6.11 Direct F1
holding LQDT Stock Option Grant 29.4K Dec 5, 2023 Common Stock 29.4K $6.69 Direct F2
holding LQDT Stock Option Grant 55.1K Dec 5, 2023 Common Stock 55.1K $9.46 Direct F3
holding LQDT Stock Option Grant 55.1K Dec 5, 2023 Common Stock 55.1K $9.46 Direct F4
holding LQDT Stock Option Grant 16.6K Dec 5, 2023 Common Stock 16.6K $14.00 Direct F5
holding LQDT Stock Option Grant 16.6K Dec 5, 2023 Common Stock 16.6K $14.00 Direct F6
holding LQDT Stock Option Grant 7.74K Dec 5, 2023 Common Stock 7.74K $22.20 Direct F7
holding LQDT Stock Option Grant 7.74K Dec 5, 2023 Common Stock 7.74K $22.20 Direct F4
holding LQDT Restricted Stock Unit Grant 4.98K Dec 5, 2023 Common Stock 4.98K Direct F8, F9
holding LQDT Restricted Stock Unit Grant 20.7K Dec 5, 2023 Common Stock 20.7K Direct F8, F10
holding LQDT Restricted Stock Unit Grant 20.7K Dec 5, 2023 Common Stock 20.7K Direct F8, F11
holding LQDT Restricted Stock Unit Grant 6.54K Dec 5, 2023 Common Stock 6.54K Direct F8, F12
holding LQDT Restricted Stock Unit Grant 8.72K Dec 5, 2023 Common Stock 8.72K Direct F8, F13
holding LQDT Restricted Stock Unit Grant 5.66K Dec 5, 2023 Common Stock 5.66K Direct F8, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th vests each month for thirty-three months.
F2 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
F3 Twenty-five percent of this restricted stock unit grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024.
F4 This option becomes exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F5 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F6 12/48th will vest 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, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F8 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F9 Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.
F10 These restricted stock units were granted on December 23, 2022 and will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F11 These restricted stock units were granted on December 23, 2022. Twenty-five percent will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F12 Twenty-five percent of this restricted stock unit grant vested on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1,2026.
F13 These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F14 Twenty-five percent of this restricted stock unit grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024.
F15 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.