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

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

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.