GEORGE H. ELLIS - 01 Feb 2023 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
Director
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
01 Feb 2023
Net transactions value
$0
Form type
4
Filing time
03 Feb 2023, 15:35:43 UTC
Previous filing
11 Aug 2022
Next filing
16 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +5,206 +24% $0.000000 27,275 01 Feb 2023 Direct F1

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 -5,206 -100% $0.000000* 0 01 Feb 2023 Common Stock 5,206 Direct F1, F2, F3
transaction LQDT Restricted Stock Unit Grant Award $0 +6,627 $0.000000 6,627 01 Feb 2023 Common Stock 6,627 Direct F2, F4
holding LQDT Stock Option Grant 5,954 01 Feb 2023 Common Stock 5,954 $40.11 Direct
holding LQDT Stock Option Grant 13,144 01 Feb 2023 Common Stock 13,144 $21.53 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted stock units.
F2 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F3 100% of this restricted stock unit grant vested on February 1, 2023.
F4 These restricted stock units vest on February 1, 2024.