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

Role: Director
Signature: /s/ Mark A. Shaffer, by power of attorney
Stock symbol: LQDT
Transactions as of: May 12, 2021
Transactions value $: -$1,313,806
Form type: 4
Date filed: 5/13/2021, 04:55 PM
Next filing: Feb 2, 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	$385K	+61.2K	+34.27%	$6.29	240K	May 12, 2021	Direct	F1
transaction	LQDT	Common Stock	Sale	-$1.62M	-58K	-24.19%	$27.87	182K	May 12, 2021	Direct
transaction	LQDT	Common Stock	Gift	$0	-30K	-16.51%	$0.00	152K	May 12, 2021	Direct
transaction	LQDT	Common Stock	Sale	-$82.2K	-3.19K	-2.1%	$25.79	149K	May 13, 2021	Direct
holding	LQDT	Common Stock						468K	May 12, 2021	By the Em El 2007 Irrevocable Trust
holding	LQDT	Common Stock						163K	May 12, 2021	By the Jaime Mateus-Tique 2005 Irrevocable Trust

Showing 1 to 6 of 6 entries

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	-79.1K	-100%	$0.00^*	0	May 12, 2021	Common Stock	79.1K	$6.29	Direct
holding	LQDT	Stock Option						5.33K	May 12, 2021	Common Stock	5.33K	$42.31	Direct
holding	LQDT	Stock Option						5.95K	May 12, 2021	Common Stock	5.95K	$40.11	Direct
holding	LQDT	Stock Option						20.1K	May 12, 2021	Common Stock	20.1K	$21.53	Direct
holding	LQDT	Restricted Stock Grant						4.66K	May 12, 2021	Common Stock	4.66K		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.