Filing Details
- Accession Number:
- 0001179110-11-002274
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-02-09 18:25:14
- Reporting Period:
- 2011-02-07
- Filing Date:
- 2011-02-09
- Accepted Time:
- 2011-02-09 18:25:14
- 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 |
---|---|---|---|---|---|---|---|
1352872 | Edwin James Williams | C/O Liquidity Services, Inc. 1920 L Street, N.w., 6Th Floor Washington DC 20036 | Vp, Gen. Counsel & Secretary | 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 | 2011-02-07 | 1,125 | $7.48 | 1,825 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-02-07 | 1,125 | $16.89 | 700 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2011-02-07 | 1,014 | $9.05 | 1,714 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-02-07 | 1,014 | $16.89 | 700 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | 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 Option | Disposition | 2011-02-07 | 1,125 | $7.48 | 12,376 | $7.48 |
Common Stock | Employee Stock Option | Disposition | 2011-02-07 | 1,014 | $9.05 | 17,239 | $9.05 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
11,251 | 2018-10-01 | No | 4 | M | Direct | |
16,225 | 2019-10-01 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option | $12.89 | 2016-03-30 | 30,000 | 30,000 | Direct | |
Common Stock | Employee Stock Option | $10.93 | 2017-10-01 | 6,251 | 6,251 | Direct | |
Common Stock | Restricted Stock Grant | $9.05 | 2019-10-01 | 5,834 | 5,834 | Direct | |
Common Stock | Employee Stock Grant | $15.47 | 2020-10-01 | 6,759 | 6,759 | Direct | |
Common Stock | Employee Stock Option | $15.47 | 2020-10-01 | 9,988 | 9,988 | Direct | |
Common Stock | Employee Stock Grant | $15.47 | 2020-10-01 | 5,000 | 5,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2016-03-30 | 30,000 | 30,000 | Direct |
2017-10-01 | 6,251 | 6,251 | Direct |
2019-10-01 | 5,834 | 5,834 | Direct |
2020-10-01 | 6,759 | 6,759 | Direct |
2020-10-01 | 9,988 | 9,988 | Direct |
2020-10-01 | 5,000 | 5,000 | Direct |
Footnotes
- These options became fully vested on March 1, 2010.
- One-quarter of this option grant vested on October 1, 2008, with the remaining options vesting at 2.083% per month on the first day of each month for the next 36 months.
- Twenty-five percent of this option grant vested on October 1, 2009 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, 2010 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 option grant vested on October 1, 2010 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- Twenty-five percent of this restricted stock grant will vest on October 1, 2011 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 option grant will vest on October 1, 2011 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.