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

Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Jan 2, 2025
Transactions value $
-$323,349
Form type
4
Date filed
1/6/2025, 05:03 PM
Previous filing
Dec 23, 2024
Next filing
Jan 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +1.88K +4.34% $0.00 45.2K Jan 2, 2025 By The Daunt Family Trust F14
transaction LQDT Common Stock Other -$59.7K -1.88K -4.16% $31.76 43.3K Jan 2, 2025 By The Daunt Family Trust F15
transaction LQDT Common Stock Options Exercise $0 +1.48K +3.43% $0.00 44.8K Jan 2, 2025 By The Daunt Family Trust F16
transaction LQDT Common Stock Other -$47.1K -1.48K -3.31% $31.76 43.3K Jan 2, 2025 By The Daunt Family Trust F17
transaction LQDT Common Stock Options Exercise $0 +3.53K +8.14% $0.00 46.8K Jan 2, 2025 By The Daunt Family Trust F18
transaction LQDT Common Stock Other -$112K -3.53K -7.53% $31.76 43.3K Jan 2, 2025 By The Daunt Family Trust F19
transaction LQDT Common Stock Options Exercise $0 +3.29K +7.6% $0.00 46.6K Jan 2, 2025 By The Daunt Family Trust F20
transaction LQDT Common Stock Other -$104K -3.29K -7.06% $31.76 43.3K Jan 2, 2025 By The Daunt Family Trust F21

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 -2.76K -100% $0.00 0 Jan 2, 2025 Common Stock 2.76K Direct F1, F4, F22
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2.18K -50% $0.00 2.18K Jan 2, 2025 Common Stock 4.36K Direct F3, F4, F22
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -5.18K -33.33% $0.00 10.4K Jan 2, 2025 Common Stock 15.5K Direct F4, F5, F22
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -4.83K -25% $0.00 14.5K Jan 1, 2028 Common Stock 19.3K Direct F4, F8, F22
holding LQDT Restricted Stock Unit Grant 22.1K Jan 2, 2025 Common Stock 22.1K Direct F4, F12
holding LQDT Restricted Stock Unit Grant 8.72K Jan 2, 2025 Common Stock 8.72K Direct F4, F6
holding LQDT Restricted Stock Unit Grant 18.6K Jan 2, 2025 Common Stock 18.6K Direct F4, F6
holding LQDT Restrcited Stock Unit Grant 19.3K Jan 2, 2025 Common Stock 19.3K Direct F4, F6
holding LQDT Restricted Stock Unit Grant 22.1K Jan 2, 2025 Common Stock 22.1K Direct F4, F6
holding LQDT Stock Option Grant 1.28K Jan 2, 2025 Common Stock 1.28K $9.46 Direct F11
holding LQDT Stock Option Grant 2.1K Jan 2, 2025 Common Stock 2.1K $22.20 Direct F2
holding LQDT Stock Option Grant 8.67K Jan 2, 2025 Common Stock 8.67K $14.00 Direct F9
holding LQDT Stock Option Grant 15.6K Jan 2, 2025 Common Stock 15.6K $17.31 Direct F10
holding LQDT Stock Option Grant 18.7K Jan 2, 2025 Common Stock 18.7K $21.62 Direct F13
holding LQDT Stock Option Grant 10.1K Jan 2, 2025 Common Stock 10.1K $6.11 Direct F7
holding LQDT Stock Option Grant 7.74K Jan 2, 2025 Common Stock 7.74K $22.20 Direct F7
holding LQDT Stock Option Grant 16.6K Jan 2, 2025 Common Stock 16.6K $14.00 Direct F7
holding LQDT Stock Option Grant 15.6K Jan 2, 2025 Common Stock 15.6K $17.31 Direct F7
holding LQDT Stock Option Grant 18.7K Jan 2, 2025 Common Stock 18.7K $21.62 Direct 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 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.
F3 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.
F4 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F5 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.
F6 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F7 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F8 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.
F9 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.
F10 12/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F11 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests 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 1,881 shares from the vesting of 2,762 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 881 shares.
F15 In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,881 shares received by the reporting person in connection with the vesting of 2,762 restricted stock units.
F16 Represents the net issuance of 1,484 shares from the vesting of 2,180 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 696 shares.
F17 This transaction reflects the sale of the 1,484 shares received by the reporting person pursuant to the reporting person's release method election described above.
F18 Represents the net issuance of 3,526 shares from the vesting of 5,177 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 1,651 shares.
F19 This transaction reflects the sale of the 3,526 shares received by the reporting person pursuant to the reporting person's release method election described above.
F20 Represents the net issuance of 3,290 shares from the vesting of 4,831 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 1,541 shares.
F21 This transaction reflects the sale of the 3,290 shares received by the reporting person pursuant to the reporting person's release method election described above.
F22 Represents the vesting of time-based restricted stock units.