Steven Weiskircher - Feb 10, 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
Feb 10, 2025
Transactions value $
-$894,685
Form type
4
Date filed
2/12/2025, 06:42 PM
Previous filing
Jan 21, 2025
Next filing
Feb 27, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Sale -$340K -10K -14.62% $34.01 58.4K Feb 10, 2025 Direct
transaction LQDT Common Stock Options Exercise $9.51K +1.01K +1.72% $9.46 59.4K Feb 10, 2025 Direct
transaction LQDT Common Stock Options Exercise $11.5K +516 +0.87% $22.20 59.9K Feb 10, 2025 Direct
transaction LQDT Common Stock Options Exercise $6.55K +468 +0.78% $14.00 60.4K Feb 10, 2025 Direct
transaction LQDT Common Stock Sale -$27.5K -815 -1.35% $33.80 59.6K Feb 10, 2025 Direct F13
transaction LQDT Common Stock Sale -$341K -10K -16.79% $34.06 49.6K Feb 11, 2025 Direct
transaction LQDT Common Stock Options Exercise $18.9K +1.09K +2.2% $17.31 50.7K Feb 11, 2025 Direct F14
transaction LQDT Common Stock Sale -$37.2K -1.09K -2.15% $34.15 49.6K Feb 11, 2025 Direct
transaction LQDT Common Stock Options Exercise $21.7K +976 +1.97% $22.20 50.6K Feb 11, 2025 Direct F15
transaction LQDT Common Stock Sale -$33.4K -976 -1.93% $34.22 49.6K Feb 11, 2025 Direct
transaction LQDT Common Stock Options Exercise $5.25K +375 +0.76% $14.00 50K Feb 11, 2025 Direct F16
transaction LQDT Common Stock Sale -$12.8K -375 -0.75% $34.22 49.6K Feb 11, 2025 Direct
transaction LQDT Common Stock Sale -$176K -5K -10.09% $35.26 44.6K Feb 12, 2025 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
transaction LQDT Stock Option Grant Options Exercise $0 -1.01K -33.72% $0.00 1.98K Feb 10, 2025 Common Stock 2.98K $9.46 Direct F2
transaction LQDT Stock Option Grant Options Exercise $0 -516 -15.39% $0.00 2.84K Feb 10, 2025 Common Stock 3.35K $22.20 Direct F3
transaction LQDT Stock Option Grant Options Exercise $0 -468 -8% $0.00 5.38K Feb 10, 2025 Common Stock 5.85K $14.00 Direct F6
transaction LQDT Stock Option Grant Options Exercise $0 -3.91K -27.08% $0.00 10.5K Feb 11, 2025 Common Stock 14.4K $17.31 Direct F7
transaction LQDT Stock Option Grant Options Exercise $0 -4.95K -40% $0.00 7.43K Feb 11, 2025 Common Stock 12.4K $22.20 Direct F1
transaction LQDT Stock Option Grant Options Exercise $0 -1.12K -10% $0.00 10.1K Feb 11, 2025 Common Stock 11.2K $14.00 Direct F1
holding LQDT Restricted Stock Unit Grant 3.49K Feb 10, 2025 Common Stock 3.49K Direct F4, F10
holding LQDT Restricted Stock Unit Grant 6.99K Feb 10, 2025 Common Stock 6.99K Direct F4, F11
holding LQDT Restricted Stock Unit Grant 13.4K Feb 10, 2025 Common Stock 13.4K Direct F4, F12
holding LQDT Restricted Stock Unit 19.7K Feb 10, 2025 Common Stock 19.7K Direct F4, F8
holding LQDT Restricted Stock Unit Grant 8.4K Feb 10, 2025 Common Stock 8.4K Direct F4, F5
holding LQDT Restricted Stock Unit Grant 12.9K Feb 10, 2025 Common Stock 12.6K Direct F4, F5
holding LQDT Restricted Stock Unit Grant 17.9K Feb 10, 2025 Common Stock 17.9K Direct F4, F5
holding LQDT Restricted Stock Unit Grant 19.7K Feb 10, 2025 Common Stock 19.7K Direct F4, F5
holding LQDT Stock Option Grant 16.7K Feb 10, 2025 Common Stock 16.7K $21.62 Direct F9
holding LQDT Stock Option Grant 14.4K Feb 10, 2025 Common Stock 14.4K $17.31 Direct F1
holding LQDT Stock Option Grant 16.7K Feb 10, 2025 Common Stock 16.7K $21.62 Direct F1
* 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 vest, 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 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, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
F13 The reporting person surrendered 815 shares with a market value of $27,547.00 to the issuer to pay the cost and related taxes associated with the exercise of the stock options described above (i.e., the 1,005 options with an exercise price of $9.46, 516 options with an exercise price of $22.20, and 468 options with an exercise price of $14.00).
F14 The reporting person exercised 3,908 stock options; 2,819 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,089 shares were acquired by the reporting person.
F15 The reporting person exercised 4,952 stock options; 3,976 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 976 shares were acquired by the reporting person.
F16 The reporting person exercised 1,123 stock options; 748 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 375 shares were acquired by the reporting person.