Filing Details
- Accession Number:
- 0000950170-24-101196
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-27 20:41:01
- Reporting Period:
- 2024-08-19
- Accepted Time:
- 2024-08-27 20:41:01
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1235468 | Liquidity Services Inc | LQDT | Services-Business Services, Nec (7389) | 522209244 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1677053 | A Mark Shaffer | C/O Liquidity Services, Inc. 6931 Arlington Road, Sutie 200 Bethesda MD 20814 | Vp, Gen. Counsel & Secretary | No | No | 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 | 2024-08-23 | 7,069 | $22.30 | 39,392 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2025-01-01 | 1,912 | 1,912 | Direct | |
| Common Stock | Stock Option Grant | $9.46 | 2030-12-01 | 4,443 | 4,443 | Direct | |
| Common Stock | Stock Option Grant | $22.20 | 2031-12-07 | 7,740 | 7,740 | Direct | |
| Common Stock | Stock Option Grant | $22.20 | 2031-12-07 | 7,740 | 7,740 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 6,540 | 6,540 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 6,540 | 6,540 | Direct | |
| Common Stock | Stock Option Grant | $14.00 | 2032-12-23 | 10,405 | 10,405 | Direct | |
| Common Stock | Stock Option Grant | $14.00 | 2032-12-23 | 10,405 | 10,405 | Direct | |
| Common Stock | Restrcited Stock Unit Grant | $0.00 | 2027-01-01 | 9,712 | 9,712 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 12,950 | 12,950 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 14,630 | 14,630 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2028-01-01 | 14,630 | 14,630 | Direct | |
| Common Stock | Stock Option Grant | $17.31 | 2033-12-22 | 11,825 | 11,825 | Direct | |
| Common Stock | Stock Option Grant | $17.31 | 2033-12-22 | 11,825 | 11,825 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-01-01 | 1,912 | 1,912 | Direct |
| 2030-12-01 | 4,443 | 4,443 | Direct |
| 2031-12-07 | 7,740 | 7,740 | Direct |
| 2031-12-07 | 7,740 | 7,740 | Direct |
| 2026-01-01 | 6,540 | 6,540 | Direct |
| 2026-01-01 | 6,540 | 6,540 | Direct |
| 2032-12-23 | 10,405 | 10,405 | Direct |
| 2032-12-23 | 10,405 | 10,405 | Direct |
| 2027-01-01 | 9,712 | 9,712 | Direct |
| 2026-01-01 | 12,950 | 12,950 | Direct |
| 2027-01-01 | 14,630 | 14,630 | Direct |
| 2028-01-01 | 14,630 | 14,630 | Direct |
| 2033-12-22 | 11,825 | 11,825 | Direct |
| 2033-12-22 | 11,825 | 11,825 | Direct |
Footnotes
- 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
- 11. Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.
- These options become exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
- 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
- Twenty-five percent of this restricted stock unit grant vested on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1, 2026.
- These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- 12/48th of this option grant will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- Twenty-five percent of this restricted stock unit grant will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
- These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.
- 12/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
Billionaire Hedge Funds
