John Daunt - 22 Dec 2023 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
EVP & CCO
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
22 Dec 2023
Net transactions value
$0
Form type
4
Filing time
22 Dec 2023, 16:36:18 UTC
Previous filing
07 Dec 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LQDT Common Stock 53,074 22 Dec 2023 By The Daunt Family 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 Award $0 +15,620 $0.000000 15,620 22 Dec 2023 Common Stock 15,620 $17.31 Direct F15
transaction LQDT Stock Option Grant Award $0 +15,620 $0.000000 15,620 22 Dec 2023 Common Stock 15,620 $17.31 Direct F18
holding LQDT Stock Option Grant 10,066 22 Dec 2023 Common Stock 10,066 $6.11 Direct F1
holding LQDT Stock Option Grant 10,400 22 Dec 2023 Common Stock 10,400 $6.11 Direct F2
holding LQDT Restricted Stock Unit Grant 4,075 22 Dec 2023 Common Stock 4,075 Direct F3, F4
holding LQDT Stock Option Grant 7,083 22 Dec 2023 Common Stock 7,083 $6.58 Direct F5
holding LQDT Stock Option Grant 38,950 22 Dec 2023 Common Stock 38,950 $6.69 Direct F1
holding LQDT Stock Option Grant 15,829 22 Dec 2023 Common Stock 15,829 $6.69 Direct F6
holding LQDT Stock Option Grant 29,325 22 Dec 2023 Common Stock 29,325 $9.46 Direct F7
holding LQDT Restricted Stock Unit Grant 5,525 22 Dec 2023 Common Stock 5,525 Direct F3, F8
holding LQDT Stock Option Grant 7,740 22 Dec 2023 Common Stock 7,740 $22.20 Direct F9
holding LQDT Stock Option Grant 7,740 22 Dec 2023 Common Stock 7,740 $22.20 Direct F10
holding LQDT Restricted Stock Unit Grant 6,540 22 Dec 2023 Common Stock 6,540 Direct F3, F11
holding LQDT Restricted Stock Unit Grant 8,720 22 Dec 2023 Common Stock 8,720 Direct F3, F12
holding LQDT Restricted Stock Unit Grant 20,710 22 Dec 2023 Common Stock 20,710 Direct F3, F13
holding LQDT Restricted Stock Unit Grant 20,710 22 Dec 2023 Common Stock 20,710 Direct F3, F14
holding LQDT Stock Option Grant 16,640 22 Dec 2023 Common Stock 16,640 $14.00 Direct F15
holding LQDT Stock Option Grant 16,640 22 Dec 2023 Common Stock 16,640 $14.00 Direct F16
holding LQDT Restricted Stock Unit Grant 19,325 22 Dec 2023 Common Stock 19,325 Direct F3, F17
holding LQDT Restricted Stock Unit Grant 19,325 22 Dec 2023 Common Stock 19,325 Direct F3, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options become exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in the Issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock.
F2 15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th vests each month for thirty-three months.
F3 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F4 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.
F5 12/48th of this option grant vested on May 1, 2020 and thereafter, 1/48th will vest each month for thirty-six months.
F6 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
F7 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
F8 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.
F9 This option becomes excercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F10 12/48th of this option grant will vest on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F11 Twenty-five percent of this restricted stock unit grant will vest 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.
F12 These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
F13 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F14 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F15 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F16 12/48th of this option grant will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F17 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.
F18 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.