Jorge Celaya - Feb 25, 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
EVP & Chief Financial Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Stock symbol
LQDT
Transactions as of
Feb 25, 2025
Transactions value $
$0
Form type
4
Date filed
2/27/2025, 04:54 PM
Previous 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 +2.14K +7.85% $0.00 29.4K Feb 25, 2025 By the Jorge Celaya Revocable Trust F14
transaction LQDT Common Stock Options Exercise $0 +2.77K +9.42% $0.00 32.2K Feb 25, 2025 By the Jorge Celaya Revocable Trust F15

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 -4.14K -22.22% $0.00 14.5K Feb 25, 2025 Common Stock 18.6K Direct F7, F8
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -5.36K -20% $0.00 21.4K Feb 25, 2025 Common Stock 26.8K Direct F7, F8
holding LQDT Restricted Stock Unit Grant 2.18K Feb 25, 2025 Common Stock 2.18K Direct F8, F10
holding LQDT Restricted Stock Unit Grant 10.4K Feb 25, 2025 Common Stock 10.4K Direct F8, F11
holding LQDT Restricted Stock Unit Grant 20.1K Feb 25, 2025 Common Stock 20.1K Direct F8, F9
holding LQDT Restricted Stock Units 20.5K Feb 25, 2025 Common Stock 20.5K Direct F8, F12
holding LQDT Restricted Stock Unit Grant 5.23K Feb 25, 2025 Common Stock 5.23K Direct F7, F8
holding LQDT Restricted Stock Unit Grant 20.5K Feb 25, 2025 Common Stock 20.5K Direct F7, F8
holding LQDT Stock Option Grant 13.8K Feb 25, 2025 Common Stock 13.8K $6.69 Direct F2
holding LQDT Stock Option Grant 55.1K Feb 25, 2025 Common Stock 55.1K $9.46 Direct F1
holding LQDT Stock Option Grant 7.74K Feb 25, 2025 Common Stock 7.74K $22.20 Direct F4
holding LQDT Stock Option Grant 16.6K Feb 25, 2025 Common Stock 16.6K $14.00 Direct F5
holding LQDT Stock Option Grant 21.6K Feb 25, 2025 Common Stock 21.6K $17.31 Direct F6
holding LQDT Stock Option Grant 17.4K Feb 25, 2025 Common Stock 17.4K $21.62 Direct F13
holding LQDT Stock Option Grant 55.1K Feb 25, 2025 Common Stock 55.1K $9.46 Direct F3
holding LQDT Stock Option Grant 7.74K Feb 25, 2025 Common Stock 7.74K $22.20 Direct F3
holding LQDT Stock Option Grant 16.6K Feb 25, 2025 Common Stock 16.6K $14.00 Direct F3
holding LQDT Stock Option Grant 21.6K Feb 25, 2025 Common Stock 21.6K $17.31 Direct F3
holding LQDT Stock Option Grant 17.4K Feb 25, 2025 Common Stock 17.4K $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 2,142 shares from the vesting of 4,142 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 2,000 shares.
F15 Represents the net issuance of 2,770 shares from the vesting of 5,355 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 2,585 shares.