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Filing Details

Accession Number:: 0000950170-24-138016
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-18 17:55:48
Reporting Period:: 2024-12-16

Accepted Time:: 2024-12-18 17:55:48
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
1782925	Steven Weiskircher	C/O Liquidity Services, Inc. 6931 Arlington Road Suite 200 Bethesda MD 20814	Svp & Chief Technology Officer	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-12-16	2,046	$9.46	88,652	No	4	M	Direct
Common Stock	Disposition	2024-12-16	582	$33.31	88,070	No	4	S	Direct
Common Stock	Acquisiton	2024-12-17	1,748	$22.20	89,818	No	4	M	Direct
Common Stock	Disposition	2024-12-17	1,748	$31.72	88,070	No	4	S	Direct
Common Stock	Acquisiton	2024-12-17	315	$14.00	88,385	No	4	M	Direct
Common Stock	Disposition	2024-12-17	315	$31.72	88,070	No	4	S	Direct
Common Stock	Disposition	2024-12-17	31,128	$30.94	56,942	No	4	S	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option Grant	Disposition	2024-12-16	2,046	$0.00	5,026	$9.46
Common Stock	Stock Option Grant	Disposition	2024-12-17	9,027	$0.00	12,380	$22.20
Common Stock	Stock Option Grant	Disposition	2024-12-17	936	$0.00	6,785	$14.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,980	2030-12-01	No	4	M	Direct
3,353	2031-12-07	No	4	M	Direct
5,849	2032-12-23	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Unit Grant	$0.00	2025-01-01	2,175	2,175	Direct
Common Stock	Restricted Stock Unit Grant	$0.00	2026-01-01	6,980	6,980	Direct
Common Stock	Resticted Stock Unit	$0.00	2027-01-01	10,485	10,485	Direct
Common Stock	Resticted Stock Unit Grant	$0.00	2028-01-01	17,850	17,850	Direct
Common Stock	Restricted Stock Unit	$0.00	2029-01-01	19,700	19,700	Direct
Common Stock	Restricted Stock Unit Grant	$0.00	2026-01-01	13,960	13,960	Direct
Common Stock	Restricted Stock Unit Grant	$0.00	2026-01-01	13,980	13,980	Direct
Common Stock	Restricted Stock Unit Grant	$0.00	2027-01-01	17,850	17,850	Direct
Common Stock	Restricted Stock Unit Grant	$0.00	2029-01-01	19,700	19,700	Direct
Common Stock	Stock Option Grant	$17.31	2033-12-22	14,430	14,430	Direct
Common Stock	Stock Option Grant	$21.62	2034-10-30	16,700	16,700	Direct
Common Stock	Stock Option Grant	$22.20	2031-12-07	12,380	12,380	Direct
Common Stock	Stock Option Grant	$14.00	2032-12-23	11,230	11,230	Direct
Common Stock	Stock Option Grant	$17.31	2033-12-22	14,430	14,430	Direct
Common Stock	Stock Option Grant	$21.62	2034-10-30	16,700	16,700	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-01-01	2,175	2,175	Direct
2026-01-01	6,980	6,980	Direct
2027-01-01	10,485	10,485	Direct
2028-01-01	17,850	17,850	Direct
2029-01-01	19,700	19,700	Direct
2026-01-01	13,960	13,960	Direct
2026-01-01	13,980	13,980	Direct
2027-01-01	17,850	17,850	Direct
2029-01-01	19,700	19,700	Direct
2033-12-22	14,430	14,430	Direct
2034-10-30	16,700	16,700	Direct
2031-12-07	12,380	12,380	Direct
2032-12-23	11,230	11,230	Direct
2033-12-22	14,430	14,430	Direct
2034-10-30	16,700	16,700	Direct

Footnotes

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 January1, 2023, January 1, 2024 and January 1, 2025.
These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
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.
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 January1, 2024, January 1, 2025 and January 1, 2026.
Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
These restricted stock units vested, if at all, based on the Issuer's achievement of certain financial milestones.
Twenty-five percent of this restricted stock unit grant vested on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 andJanuary 1, 2027.
12/48th of these options vested 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, 2025 and thereafter, an additional 1/4th will vest on each of January1, 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.
Twenty-five percent of this restricted stock unit grant will vest on January 1, 2026 and thereafter, an additional 1/4th will vest on each of January 1, 2027, January 1, 2028 and January 1, 2029.
12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
The reporting person surrendered 582 shares with a market value of $19,386.42 to the issuer to pay the cost and related taxes associated with the exercise of the 2,406 stock options described above.
The reporting person exercised 9,027 stock options; 7,279 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,748 shares were acquired by the reporting person.
The reporting person exercised 936 stock options; 621 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 315 shares were acquired by the reporting person.