Filing Details
- Accession Number:
- 0001179110-16-031177
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-03 18:03:59
- Reporting Period:
- 2016-11-01
- Filing Date:
- 2016-11-03
- Accepted Time:
- 2016-11-03 18:03:59
- 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 |
|---|---|---|---|---|---|---|---|
| 1621432 | H Gardner Dudley | C/O Liquidity Services, Inc. 1920 L Street, N.w., 6Th Floor Washington DC 20036 | Pres, Capital Assets Group | 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 | Acquisiton | 2016-11-01 | 5,527 | $8.56 | 26,405 | No | 4 | J | Direct | |
| Common Stock | Disposition | 2016-11-01 | 2,307 | $8.56 | 24,098 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | 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 | 2016-11-01 | 5,527 | $8.56 | 11,054 | $13.57 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,527 | 2024-05-14 | No | 4 | J | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option | $13.35 | 2020-06-16 | 3,188 | 3,188 | Direct | |
| Common Stock | Employee Stock Grant | $15.47 | 2020-11-30 | 2,211 | 2,211 | Direct | |
| Common Stock | Employee Stock Grant | $21.99 | 2023-11-27 | 416 | 416 | Direct | |
| Common Stock | Employee Stock Grant | $21.99 | 2023-11-27 | 1,661 | 1,661 | Direct | |
| Common Stock | Employee Stock Option | $21.99 | 2023-11-27 | 3,519 | 3,519 | Direct | |
| Common Stock | Employee Stock Option | $21.99 | 2023-11-27 | 3,519 | 3,519 | Direct | |
| Common Stock | Employee Stock Grant | $12.57 | 2024-10-27 | 12,500 | 12,500 | Direct | |
| Common Stock | Employee Stock Grant | $10.41 | 2024-10-01 | 24,291 | 24,291 | Direct | |
| Common Stock | Employee Stock Option | $10.41 | 2024-10-01 | 7,338 | 7,338 | Direct | |
| Common Stock | Employee Stock Grant | $6.63 | 2025-10-01 | 15,386 | 15,386 | Direct | |
| Common Stock | Employee Stock Grant | $5.11 | 2025-10-01 | 5,129 | 5,129 | Direct | |
| Common Stock | Employee Stock Option | $6.63 | 2025-10-01 | 11,245 | 11,245 | Direct | |
| Common Stock | Employee Stock Option | $6.63 | 2025-10-01 | 2,811 | 2,811 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-06-16 | 3,188 | 3,188 | Direct |
| 2020-11-30 | 2,211 | 2,211 | Direct |
| 2023-11-27 | 416 | 416 | Direct |
| 2023-11-27 | 1,661 | 1,661 | Direct |
| 2023-11-27 | 3,519 | 3,519 | Direct |
| 2023-11-27 | 3,519 | 3,519 | Direct |
| 2024-10-27 | 12,500 | 12,500 | Direct |
| 2024-10-01 | 24,291 | 24,291 | Direct |
| 2024-10-01 | 7,338 | 7,338 | Direct |
| 2025-10-01 | 15,386 | 15,386 | Direct |
| 2025-10-01 | 5,129 | 5,129 | Direct |
| 2025-10-01 | 11,245 | 11,245 | Direct |
| 2025-10-01 | 2,811 | 2,811 | Direct |
Footnotes
- These options became fully vested on June 1, 2014.
- These restricted shares will vest, 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, 2014 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, 2014 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.
- Fifty percent of this restricted stock grant vested on November 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on November 1 of each year for two years.
- Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
- Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/8th of the restricted stock grant will vest on April 1 and October 1 of each year for three years.
- Twenty-five percent of this option grant vested on October 1, 2015 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- 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.
- Represents the vesting of restricted stock
- Represents reporting person's advance election to sell to cover tax obligations upon vesting such restricted shares
Billionaire Hedge Funds
