Jorge Celaya - 12 Sep 2024 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
EVP & Chief Financial Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
12 Sep 2024
Transactions value $
-$271,105
Form type
4
Filing time
13 Sep 2024, 17:06:54 UTC
Previous filing
09 Sep 2024
Next filing
01 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Sale -$220,300 -10,000 -16% $22.03 52,407 12 Sep 2024 Direct
transaction LQDT Common Stock Sale -$50,804 -2,259 -4.3% $22.49 50,148 13 Sep 2024 Direct

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
holding LQDT Stock Option Grant 13,770 12 Sep 2024 Common Stock 13,770 $6.69 Direct F2
holding LQDT Stock Option Grant 55,050 12 Sep 2024 Common Stock 55,050 $9.46 Direct F1
holding LQDT Stock Option Grant 55,050 12 Sep 2024 Common Stock 55,050 $9.46 Direct F3
holding LQDT Stock Option Grant 7,740 12 Sep 2024 Common Stock 7,740 $22.2 Direct F4
holding LQDT Stock Option Grant 7,740 12 Sep 2024 Common Stock 7,740 $22.2 Direct F3
holding LQDT Stock Option Grant 16,640 12 Sep 2024 Common Stock 16,640 $14 Direct F5
holding LQDT Stock Option Grant 16,640 12 Sep 2024 Common Stock 16,640 $14 Direct F3
holding LQDT Stock Option Grant 21,640 12 Sep 2024 Common Stock 21,640 $17.31 Direct F6
holding LQDT Stock Option Grant 21,640 12 Sep 2024 Common Stock 21,640 $17.31 Direct F3
holding LQDT Restricted Stock Unit Grant 2,487 12 Sep 2024 Common Stock 2,487 Direct F7, F9
holding LQDT Restricted Stock Unit Grant 4,975 12 Sep 2024 Common Stock 4,975 Direct F9, F11
holding LQDT Restricted Stock Unit Grant 8,720 12 Sep 2024 Common Stock 8,720 Direct F8, F9
holding LQDT Restricted Stock Unit Grant 15,532 12 Sep 2024 Common Stock 15,532 Direct F9, F12
holding LQDT Restricted Stock Unit Grant 20,710 12 Sep 2024 Common Stock 20,710 Direct F8, F9
holding LQDT Restricted Stock Unit Grant 26,775 12 Sep 2024 Common Stock 26,775 Direct F9, F10
holding LQDT Restricted Stock Unit Grant 26,775 12 Sep 2024 Common Stock 26,775 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12/48th of this option grant vested on January 1, 2022 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F2 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
F3 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F4 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F5 12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F6 12/48th will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F7 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.
F8 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F9 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F10 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.
F11 Twenty-five percent of this restricted stock unit grant vested 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.
F12 Twenty-five percent of this restricted stock unit grant vested on January 1, 2024 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.