Jaime Mateus-Tique - 12 May 2021 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
Director
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
12 May 2021
Net transactions value
-$1,313,806
Form type
4
Filing time
13 May 2021, 16:55:02 UTC
Next filing
02 Feb 2022
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 $384,873 +61,188 +34% $6.29 239,728 12 May 2021 Direct F1
transaction LQDT Common Stock Sale $1,616,460 -58,000 -24% $27.87 181,728 12 May 2021 Direct
transaction LQDT Common Stock Gift $0 -30,000 -17% $0.000000 151,728 12 May 2021 Direct
transaction LQDT Common Stock Sale $82,219 -3,188 -2.1% $25.79 148,540 13 May 2021 Direct
holding LQDT Common Stock 468,262 12 May 2021 By the Em El 2007 Irrevocable Trust
holding LQDT Common Stock 163,208 12 May 2021 By the Jaime Mateus-Tique 2005 Irrevocable 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 Options Exercise $0 -79,082 -100% $0.000000* 0 12 May 2021 Common Stock 79,082 $6.29 Direct
holding LQDT Stock Option 5,328 12 May 2021 Common Stock 5,328 $42.31 Direct
holding LQDT Stock Option 5,954 12 May 2021 Common Stock 5,954 $40.11 Direct
holding LQDT Stock Option 20,061 12 May 2021 Common Stock 20,061 $21.53 Direct
holding LQDT Restricted Stock Grant 4,655 12 May 2021 Common Stock 4,655 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person exercised 79,082 stock options on a share withhold basis. 17,894 shares were withheld to cover the cost of the options resulting in the net amount 61,188 acquired.
F2 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F3 These restricted stock units vest on February 1, 2022.