Home > Insider Trading > Filing (0001179110-16-030489)

Filing Details

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
1406206	Jorge Celaya	C/O Liquidity Services, Inc. 1920 L Street, N.w., 6Th Floor Washington DC 20036	Evp & Chief Financial Officer	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
Common Stock	Acquisiton	2016-10-03	53,382	$10.65	53,382	No	4	J	Direct
Common Stock	Disposition	2016-10-03	6,636	$10.65	46,746	No	4	S	Direct
Common Stock	Disposition	2016-10-04	2,955	$10.52	43,751	No	4	S	Direct
Common Stock	Disposition	2016-10-05	7,073	$10.51	36,678	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Grant	Disposition	2016-10-03	43,725	$10.65	174,898	$9.70
Common Stock	Employee Stock Grant	Disposition	2016-10-03	6,335	$10.65	25,341	$6.63
Common Stock	Employee Stock Grant	Disposition	2016-10-03	3,322	$10.65	13,288	$8.15

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
131,173	2025-10-01	No	4	J	Direct
19,006	2025-10-01	No	4	J	Direct
9,966	2025-10-01	No	4	J	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Grant	$5.11	2025-10-01	6,335	6,335	Direct
Common Stock	Employee Stock Option	$6.63	2025-10-01	13,891	13,891	Direct
Common Stock	Employee Stock Option	$6.63	2025-10-01	3,473	3,473	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-10-01	6,335	6,335	Direct
2025-10-01	13,891	13,891	Direct
2025-10-01	3,473	3,473	Direct

Footnotes

Twenty-five percent of this restricted stock grant vested on October 1, 2016 and thereafter 1/4 of the restricted stock grant will vest on October 1 of each year for three years. In the event that Mr. Celaya's employment is terminated by the Company without cause or by Mr. Celaya for good reason within his first eighteen months of employment, 37.5 percent of this restricted stock grant will become vested as of the date of his termination. On the eighteen month anniversary of Mr. Celaya's start of employment, this acceleration provision will expire.
Twenty-five percent of this restricted stock grant vested on October 1, 2016 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
Twenty-five percent of this option grant vested on October 1, 2016 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
Twenty-five percent of this restricted stock grant vested on October 1, 2016 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
Represents the vesting of restricted stock
Represents reporting person's advance election to sell to cover tax obligations upon vesting such restricted shares