Steven Weiskircher - Jan 17, 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 17, 2025
Transactions value $
$0
Form type
4
Date filed
1/21/2025, 04:28 PM
Previous filing
Jan 6, 2025
Next filing
Feb 12, 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 +3.18K +4.87% $0.00 68.4K Jan 2, 2025 Direct F10

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 -5.58K -39.94% $0.00 8.4K Jan 17, 2025 Common Stock 14K Direct F4, F5, F14
holding LQDT Restricted Stock Unit Grant 3.49K Jan 17, 2025 Common Stock 3.49K Direct F4, F11
holding LQDT Restricted Stock Unit Grant 6.99K Jan 17, 2025 Common Stock 6.99K Direct F4, F12
holding LQDT Restricted Stock Unit Grant 13.4K Jan 17, 2025 Common Stock 13.4K Direct F4, F13
holding LQDT Restricted Stock Unit 19.7K Jan 17, 2025 Common Stock 19.7K Direct F4, F8
holding LQDT Restricted Stock Unit Grant 12.9K Jan 17, 2025 Common Stock 12.6K Direct F4, F5
holding LQDT Restricted Stock Unit Grant 17.9K Jan 17, 2025 Common Stock 17.9K Direct F4, F5
holding LQDT Restricted Stock Unit Grant 19.7K Jan 17, 2025 Common Stock 19.7K Direct F4, F5
holding LQDT Stock Option Grant 14.4K Jan 17, 2025 Common Stock 14.4K $17.31 Direct F7
holding LQDT Stock Option Grant 16.7K Jan 17, 2025 Common Stock 16.7K $21.62 Direct F9
holding LQDT Stock Option Grant 12.4K Jan 17, 2025 Common Stock 12.4K $22.20 Direct F1
holding LQDT Stock Option Grant 11.2K Jan 17, 2025 Common Stock 11.2K $14.00 Direct F1
holding LQDT Stock Option Grant 14.4K Jan 17, 2025 Common Stock 14.4K $17.31 Direct F1
holding LQDT Stock Option Grant 16.7K Jan 17, 2025 Common Stock 16.7K $21.62 Direct F1
holding LQDT Stock Option Grant 2.98K Jan 17, 2025 Common Stock 2.98K $9.46 Direct F2
holding LQDT Stock Option Grant 3.35K Jan 17, 2025 Common Stock 3.35K $22.20 Direct F3
holding LQDT Stock Option Grant 5.85K Jan 17, 2025 Common Stock 5.85K $14.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F2 These options became fully exercisable on January 1, 2025.
F3 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.
F4 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F5 These restricted stock units vested, if at all, based on the Issuer's achievement of certain financial milestones.
F6 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F7 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.
F8 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
F9 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.
F10 Represents the net issuance of 3,178 shares from the vesting of 5,584 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 2,406 shares.
F11 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026.
F12 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
F13 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
F14 Represents the vesting of restricted stock units.