| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LQDT | Common Stock | Options Exercise | $0 | +539 | +0.84% | $0.00 | 64.4K | Jan 3, 2022 | By the Daunt Family Trust | F1 |
| transaction | LQDT | Common Stock | Options Exercise | $0 | +2.62K | +4.07% | $0.00 | 67K | Jan 3, 2022 | By the Daunt Family Trust | F2 |
| transaction | LQDT | Common Stock | Options Exercise | $0 | +1.84K | +2.75% | $0.00 | 68.9K | Jan 3, 2022 | By the Daunt Family Trust | F3 |
| 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 | -838 | -50.03% | $0.00 | 837 | Jan 3, 2022 | Common Stock | 1.68K | Direct | F4, F6, F7 | |
| transaction | LQDT | Employee Stock Grant | Options Exercise | $0 | -4.08K | -33.33% | $0.00 | 8.15K | Jan 3, 2022 | Common Stock | 12.2K | Direct | F4, F6, F10 | |
| transaction | LQDT | Employee Stock Grant | Options Exercise | $0 | -2.76K | -25% | $0.00 | 8.29K | Jan 3, 2022 | Common Stock | 11.1K | Direct | F4, F6, F17 | |
| holding | LQDT | Employee Stock Grant | 1.66K | Jan 3, 2022 | Common Stock | 1.66K | Direct | F4, F5 | ||||||
| holding | LQDT | Employee Stock Option | 14.8K | Jan 3, 2022 | Common Stock | 14K | $6.11 | Direct | F8 | |||||
| holding | LQDT | Employee Stock Option | 10.4K | Jan 3, 2022 | Common Stock | 10.4K | $6.11 | Direct | F9 | |||||
| holding | LQDT | Employee Stock Option | 10.5K | Jan 3, 2022 | Common Stock | 10.5K | $6.58 | Direct | F8 | |||||
| holding | LQDT | Employee Stock Option | 11.7K | Jan 3, 2022 | Common Stock | 11.7K | $6.58 | Direct | F11 | |||||
| holding | LQDT | Employee Stock Grant | 7.5K | Jan 3, 2022 | Common Stock | 7.5K | Direct | F4, F12 | ||||||
| holding | LQDT | Employee Stock Option | 39K | Jan 3, 2022 | Common Stock | 39K | $6.69 | Direct | F8 | |||||
| holding | LQDT | Employee Stock Option | 25.6K | Jan 3, 2022 | Common Stock | 25.6K | $6.69 | Direct | F13 | |||||
| holding | LQDT | Employee Stock Option | 61.2K | Jan 3, 2022 | Common Stock | 61.2K | $9.46 | Direct | F14 | |||||
| holding | LQDT | Employee Stock Option | 61.2K | Jan 3, 2022 | Common Stock | 61.2K | $9.46 | Direct | F15 | |||||
| holding | LQDT | Employee Stock Grant | 11.1K | Jan 3, 2022 | Common Stock | 11.1K | Direct | F4, F16 | ||||||
| holding | LQDT | Employee Stock Option | 7.74K | Jan 3, 2022 | Common Stock | 7.74K | $22.20 | Direct | F18 | |||||
| holding | LQDT | Employee Stock Option | 7.74K | Jan 3, 2022 | Common Stock | 7.74K | $22.20 | Direct | F15 | |||||
| holding | LQDT | Employee Stock Grant | 8.72K | Jan 3, 2022 | Common Stock | 8.72K | Direct | F4, F19 | ||||||
| holding | LQDT | Employee Stock Grant | 8.72K | Jan 3, 2022 | Common Stock | 8.72K | Direct | F4, F16 |
| Id | Content |
|---|---|
| F1 | Represents the net issuance of 539 shares from the vesting of 838 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 299 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 2,622 shares from the vesting of 4,075 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 1,453 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 | Represents the net issuance of 1,841 shares from the vesting of 2,763 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 922 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 |
| F4 | Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. |
| F5 | These restricted stock units vest, 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. |
| F6 | Represents the vesting of restricted stock units. |
| 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 | 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. |
| F9 | 15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th vests each month for thirty-three months. |
| F10 | 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. |
| F11 | 12/48th of this option grant vested on May 1, 2020 and thereafter, 1/48th will vest each month for thirty-six months. |
| F12 | Twenty-five percent of this restricted stock unit grant vested on May 1, 2020 and thereafter, an additional 1/4th vests on each of May 1, 2021, May 1, 2022 and May 1, 2023. |
| F13 | 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months. |
| F14 | 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months. |
| F15 | This option becomes exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. |
| F16 | These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. |
| F17 | 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. |
| F18 | 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. |
| F19 | 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. |