Jorge Celaya - 17 Jan 2025 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
17 Jan 2025
Transactions value $
$0
Form type
4
Filing time
21 Jan 2025, 16:35:58 UTC
Previous filing
06 Jan 2025
Next filing
12 Feb 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 +1,806 +4.2% $0 44,775 17 Jan 2025 Direct F14

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 -3,488 -40% $0 5,232 17 Jan 2025 Common Stock 8,720 Direct F7, F8, F15
holding LQDT Restricted Stock Unit Grant 2,180 17 Jan 2025 Common Stock 2,180 Direct F8, F10
holding LQDT Restricted Stock Unit Grant 10,355 17 Jan 2025 Common Stock 10,355 Direct F8, F11
holding LQDT Restricted Stock Unit Grant 20,081 17 Jan 2025 Common Stock 20,081 Direct F8, F9
holding LQDT Restricted Stock Units 20,500 17 Jan 2025 Common Stock 20,500 Direct F8, F12
holding LQDT Restricted Stock Unit Grant 18,639 17 Jan 2025 Common Stock 18,639 Direct F7, F8
holding LQDT Restricted Stock Unit Grant 26,775 17 Jan 2025 Common Stock 26,775 Direct F7, F8
holding LQDT Restricted Stock Unit Grant 20,500 17 Jan 2025 Common Stock 20,500 Direct F7, F8
holding LQDT Stock Option Grant 13,770 17 Jan 2025 Common Stock 13,770 $6.69 Direct F2
holding LQDT Stock Option Grant 55,050 17 Jan 2025 Common Stock 55,050 $9.46 Direct F1
holding LQDT Stock Option Grant 7,740 17 Jan 2025 Common Stock 7,740 $22.2 Direct F4
holding LQDT Stock Option Grant 16,640 17 Jan 2025 Common Stock 16,640 $14 Direct F5
holding LQDT Stock Option Grant 21,640 17 Jan 2025 Common Stock 21,640 $17.31 Direct F6
holding LQDT Stock Option Grant 17,350 17 Jan 2025 Common Stock 17,350 $21.62 Direct F13
holding LQDT Stock Option Grant 55,050 17 Jan 2025 Common Stock 55,050 $9.46 Direct F3
holding LQDT Stock Option Grant 7,740 17 Jan 2025 Common Stock 7,740 $22.2 Direct F3
holding LQDT Stock Option Grant 16,640 17 Jan 2025 Common Stock 16,640 $14 Direct F3
holding LQDT Stock Option Grant 21,640 17 Jan 2025 Common Stock 21,640 $17.31 Direct F3
holding LQDT Stock Option Grant 17,350 17 Jan 2025 Common Stock 17,350 $21.62 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options became fully exercisable on January 1, 2025.
F2 These options became fully exercisable on January 1, 2024.
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 of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F7 These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F8 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F9 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.
F10 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.
F11 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.
F12 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.
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 1,806 shares from the vesting of 3,488 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 1,682 shares.
F15 Represents the vesting of restricted stock units.