| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LQDT | Common Stock | Options Exercise | $0 | +1.22K | +14.44% | $0.00 | 9.69K | Oct 1, 2021 | Direct | F1 |
| transaction | LQDT | Common Stock | Options Exercise | $0 | +3.37K | +34.79% | $0.00 | 13.1K | Oct 1, 2021 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LQDT | Employee Stock Grant | Options Exercise | $0 | -1.81K | -100% | $0.00* | 0 | Oct 1, 2021 | Common Stock | 1.81K | Direct | F3, F9, F10 | |
| transaction | LQDT | Employee Stock Grant | Options Exercise | $0 | -5K | -25% | $0.00 | 15K | Oct 1, 2021 | Common Stock | 20K | Direct | F3, F9, F16 | |
| holding | LQDT | Employee Stock Grant | 1.39K | Oct 1, 2021 | Common Stock | 1.39K | Direct | F3, F4 | ||||||
| holding | LQDT | Employee Stock Option | 4.45K | Oct 1, 2021 | Common Stock | 4.45K | $6.69 | Direct | F5 | |||||
| holding | LQDT | Employee Stock Option | 4.45K | Oct 1, 2021 | Common Stock | 4.45K | $6.69 | Direct | F6 | |||||
| holding | LQDT | Employee Stock Grant | 1.05K | Oct 1, 2021 | Common Stock | 1.05K | Direct | F3, F7 | ||||||
| holding | LQDT | Employee Stock Option | 12.9K | Oct 1, 2021 | Common Stock | 12.9K | $6.11 | Direct | F8 | |||||
| holding | LQDT | Employee Stock Option | 12.9K | Oct 1, 2021 | Common Stock | 12.9K | $6.11 | Direct | F6 | |||||
| holding | LQDT | Employee Stock Grant | 1.33K | Oct 1, 2021 | Common Stock | 1.33K | Direct | F3, F11 | ||||||
| holding | LQDT | Employee Stock Option | 1.85K | Oct 1, 2021 | Common Stock | 1.85K | $10.30 | Direct | F12 | |||||
| holding | LQDT | Employee Stock Option | 1.85K | Oct 1, 2021 | Common Stock | 1.85K | $10.30 | Direct | F13 | |||||
| holding | LQDT | Employee Stock Grant | 554 | Oct 1, 2021 | Common Stock | 554 | Direct | F3, F14 | ||||||
| holding | LQDT | Employee Stock Grant | 20K | Oct 1, 2021 | Common Stock | 20K | Direct | F3, F15 | ||||||
| holding | LQDT | Employee Stock Option | 32.8K | Oct 1, 2021 | Common Stock | 32.8K | $9.46 | Direct | F17 | |||||
| holding | LQDT | Employee Stock Option | 32.8K | Oct 1, 2021 | Common Stock | 32.8K | $9.46 | Direct | F18 | |||||
| holding | LQDT | Employee Stock Grant | 5.9K | Oct 1, 2021 | Common Stock | 5.9K | Direct | F3, F19 | ||||||
| holding | LQDT | Employee Stock Grant | 5.9K | Oct 1, 2021 | Common Stock | 5.9K | Direct | F3, F20 |
| Id | Content |
|---|---|
| F1 | Represents the net issuance of 1,222 shares from the vesting of 1,814 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 592 shares. The reporting person relinquished the shares and the issuer cancelled the shares and returned them to treasury in exchange for remitting federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units. Shares withheld represent an exempt transaction pursuant to Section 16b-3(e). No shares were sold by the reporting person. |
| F2 | Represents the net issuance of 3,369 shares from the vesting of 5,000 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,631 shares. The reporting person relinquished the shares and the issuer cancelled the shares and returned them to treasury in exchange for remitting federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units. Shares withheld represent an exempt transaction pursuant to Section 16b-3(e). No shares were sold by the reporting person. |
| 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 January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months. |
| F6 | These options become exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a 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. |
| F7 | Twenty-five percent of this restricted stock unit grant vested on January 1, 2020 and thereafter, an additional 1/4th vests on each of January 1, 2021, January 1, 2022, and January 1, 2023. |
| F8 | 12/48th of this option grant vested on January 1, 2020 and thereafter an additional 1/48th vests each month for thirty-six months. |
| F9 | Represents the vesting of restricted stock units. |
| F10 | Twenty-five percent of this restricted stock unit grant vested on April 1, 2019 and thereafter, an additional 1/4th vests on each of July 1, 2019, October 1, 2020, and October 1, 2021. |
| F11 | These restricted stock units vest, if at all, based on the completion of the Issuer's strategic transformation as well as the Issuer's achievement of certain financial milestones. |
| F12 | These options become exercisable, if at all, based on the completion of the issuer's strategic transformation as well as the issuer's achievement of certain financial milestones. |
| F13 | 15/48th of this option grant vested on January 1, 2018 and thereafter, an additional 1/48th vests each month for thirty-three months. |
| F14 | These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones. |
| F15 | These restricted stock units vest, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a 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. |
| F16 | Twenty-five percent of this restricted stock unit grant will vest on October 1, 2021 and thereafter, an additional 1/4th will vest on each of October 1, 2022, October 1, 2023, and October 1, 2024. |
| F17 | 12/48th of this option grant will vest on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months. |
| F18 | This option becomes exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. |
| F19 | Twenty-five percent of this restricted stock unit grant will vest 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. |
| F20 | These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. |