Steven Weiskircher - Jan 2, 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
SVP & Chief Technology Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Jan 2, 2025
Transactions value $
$0
Form type
4
Date filed
1/6/2025, 05:02 PM
Previous filing
Dec 23, 2024
Next filing
Jan 21, 2025
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 $0 +1.2K +2.07% $0.00 58.9K Jan 2, 2025 Direct F14
transaction LQDT Common Stock Options Exercise $0 +1.92K +3.25% $0.00 60.9K Jan 2, 2025 Direct F15
transaction LQDT Common Stock Options Exercise $0 +1.92K +3.16% $0.00 62.8K Jan 2, 2025 Direct F16
transaction LQDT Common Stock Options Exercise $0 +2.45K +3.91% $0.00 65.2K Jan 2, 2025 Direct F17

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 Restricted Stock Unit Grant Options Exercise $0 -2.18K -100% $0.00 0 Jan 2, 2025 Common Stock 2.18K Direct F1, F6, F18
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -3.49K -50% $0.00 3.49K Jan 2, 2025 Common Stock 6.98K Direct F5, F6, F18
transaction LQDT Restricted Stock Unit Options Exercise $0 -3.5K -33.35% $0.00 6.99K Jan 2, 2025 Common Stock 10.5K Direct F6, F8, F18
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -4.46K -25% $0.00 13.4K Jan 2, 2025 Common Stock 17.9K Direct F6, F10, F18
holding LQDT Restricted Stock Unit 19.7K Jan 2, 2025 Common Stock 19.7K Direct F6, F12
holding LQDT Restricted Stock Unit Grant 14K Jan 2, 2025 Common Stock 14K Direct F6, F7
holding LQDT Restricted Stock Unit Grant 17.9K Jan 2, 2025 Common Stock 17.9K Direct F6, F7
holding LQDT Restricted Stock Unit Grant 19.7K Jan 2, 2025 Common Stock 19.7K Direct F6, F7
holding LQDT Stock Option Grant 14.4K Jan 2, 2025 Common Stock 14.4K $17.31 Direct F11
holding LQDT Stock Option Grant 16.7K Jan 2, 2025 Common Stock 16.7K $21.62 Direct F13
holding LQDT Stock Option Grant 12.4K Jan 2, 2025 Common Stock 12.4K $22.20 Direct F2
holding LQDT Stock Option Grant 11.2K Jan 2, 2025 Common Stock 11.2K $14.00 Direct F2
holding LQDT Stock Option Grant 14.4K Jan 2, 2025 Common Stock 14.4K $17.31 Direct F2
holding LQDT Stock Option Grant 16.7K Jan 2, 2025 Common Stock 16.7K $21.62 Direct F2
holding LQDT Stock Option Grant 2.98K Jan 2, 2025 Common Stock 2.98K $9.46 Direct F3
holding LQDT Stock Option Grant 3.35K Jan 2, 2025 Common Stock 3.35K $22.20 Direct F4
holding LQDT Stock Option Grant 5.85K Jan 2, 2025 Common Stock 5.85K $14.00 Direct F9
holding LQDT Restricted Stock Unit Grant 12.9K Jan 2, 2025 Common Stock 12.6K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F3 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
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 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.
F6 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F7 These restricted stock units vested, if at all, based on the Issuer's achievement of certain financial milestones.
F8 Twenty-five percent of this restricted stock unit grant vested on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
F9 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
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 12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F12 Twenty-five percent of this restricted stock unit grant will vest on January 1, 2026 and thereafter, an additional 1/4th will vest on each of January 1, 2027, January 1, 2028 and January 1, 2029.
F13 12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
F14 Represents the net issuance of 1,195 shares from the vesting of 2,175 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 980 shares.
F15 Represents the net issuance of 1,918 shares from the vesting of 3,490 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 1,572 shares.
F16 Represents the net issuance of 1,920 shares from the vesting of 3,495 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 1,575 shares.
F17 Represents the net issuance of 2,452 shares from the vesting of 4,463 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 2,011 shares.
F18 Represents the vesting of restricted stock units.