Filing Details

Accession Number:
0001179110-12-014694
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-10-01 18:03:25
Reporting Period:
2012-09-27
Filing Date:
2012-10-01
Accepted Time:
2012-10-01 18:03:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1235468 Liquidity Services Inc LQDT Services-Business Services, Nec (7389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1352659 M James Rallo C/O Liquidity Services, Inc.
1920 L Street, N.w., 6Th Floor
Washington DC 20036
Cfo, Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-09-27 1,248 $49.42 6,632 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $7.48 2018-10-01 34,234 34,234 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 8,343 8,343 Direct
Common Stock Employee Stock Option $15.47 2020-10-01 12,842 12,842 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 6,553 6,553 Direct
Common Stock Employee Stock Grant $31.11 2021-10-01 5,585 5,585 Direct
Common Stock Employee Stock Option $31.11 2021-10-01 12,358 12,358 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-10-01 34,234 34,234 Direct
2020-10-01 8,343 8,343 Direct
2020-10-01 12,842 12,842 Direct
2020-10-01 6,553 6,553 Direct
2021-10-01 5,585 5,585 Direct
2021-10-01 12,358 12,358 Direct
Footnotes
  1. Twenty percent of this option grant vested on October 1, 2009 and thereafter 1/60th of the option grant will vest each month for forty-eight months.
  2. Twenty-five percent of this restricted stock grant vested on October 1, 2011 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  3. Twenty-five percent of this option grant vested on October 1, 2011 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  4. These shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  5. Twenty-five percent of this restricted stock grant vested on October 1, 2012 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  6. Twenty-five percent of this option grant vested on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.