Filing Details
- Accession Number:
- 0000950170-24-138023
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-12-18 17:59:14
- Reporting Period:
- 2024-12-17
- Accepted Time:
- 2024-12-18 17:59:14
- 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 |
|---|---|---|---|---|---|---|---|
| 1774667 | John Daunt | C/O Liquidity Services, Inc. 6931 Arlington Road Suite 200 Bethesda MD 20814 | Evp, Chief Commercial Officer | 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 | Acquisiton | 2024-12-17 | 2,616 | $9.46 | 45,925 | No | 4 | M | Indirect | By The Daunt Family Trust |
| Common Stock | Disposition | 2024-12-17 | 2,616 | $31.75 | 43,309 | No | 4 | S | Indirect | By The Daunt Family Trust |
| Common Stock | Acquisiton | 2024-12-17 | 1,353 | $22.20 | 44,662 | No | 4 | M | Indirect | By The Daunt Family Trust |
| Common Stock | Disposition | 2024-12-17 | 1,353 | $31.59 | 43,309 | No | 4 | S | Indirect | By The Daunt Family Trust |
| Common Stock | Acquisiton | 2024-12-17 | 577 | $14.00 | 43,886 | No | 4 | M | Indirect | By The Daunt Family Trust |
| Common Stock | Disposition | 2024-12-17 | 577 | $31.59 | 43,309 | No | 4 | S | Indirect | By The Daunt Family Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | By The Daunt Family Trust |
| No | 4 | S | Indirect | By The Daunt Family Trust |
| No | 4 | M | Indirect | By The Daunt Family Trust |
| No | 4 | S | Indirect | By The Daunt Family Trust |
| No | 4 | M | Indirect | By The Daunt Family Trust |
| No | 4 | S | Indirect | By The Daunt Family Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option Grant | Disposition | 2024-12-17 | 5,100 | $0.00 | 6,375 | $9.46 |
| Common Stock | Stock Option Grant | Disposition | 2024-12-17 | 5,644 | $0.00 | 7,740 | $22.20 |
| Common Stock | Stock Option Grant | Disposition | 2024-12-17 | 1,386 | $0.00 | 10,053 | $14.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,275 | 2030-12-01 | No | 4 | M | Direct | |
| 2,096 | 2031-12-07 | No | 4 | M | Direct | |
| 8,667 | 2032-12-23 | No | 4 | M | Direct |
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 | 2,762 | 2,762 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 4,360 | 4,360 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 15,532 | 15,532 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2028-01-01 | 19,325 | 19,325 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 8,720 | 8,720 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 20,710 | 20,710 | Direct | |
| Common Stock | Restrcited Stock Unit Grant | $0.00 | 2027-01-01 | 19,325 | 19,325 | Direct | |
| Common Stock | Stock Option Grant | $17.31 | 2033-12-22 | 15,620 | 15,620 | Direct | |
| Common Stock | Stock Option Grant | $6.11 | 2028-12-04 | 10,066 | 10,066 | Direct | |
| Common Stock | Stock Option Grant | $22.20 | 2031-12-07 | 7,740 | 7,740 | Direct | |
| Common Stock | Stock Option Grant | $14.00 | 2032-12-23 | 16,640 | 16,640 | Direct | |
| Common Stock | Stock Option Grant | $17.31 | 2033-12-22 | 15,620 | 15,620 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2029-01-01 | 22,100 | 22,100 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2029-01-01 | 22,100 | 22,100 | Direct | |
| Common Stock | Stock Option Grant | $21.62 | 2034-10-30 | 18,700 | 18,700 | Direct | |
| Common Stock | Stock Option Grant | $21.62 | 2034-10-30 | 18,700 | 18,700 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-01-01 | 2,762 | 2,762 | Direct |
| 2026-01-01 | 4,360 | 4,360 | Direct |
| 2027-01-01 | 15,532 | 15,532 | Direct |
| 2028-01-01 | 19,325 | 19,325 | Direct |
| 2026-01-01 | 8,720 | 8,720 | Direct |
| 2026-01-01 | 20,710 | 20,710 | Direct |
| 2027-01-01 | 19,325 | 19,325 | Direct |
| 2033-12-22 | 15,620 | 15,620 | Direct |
| 2028-12-04 | 10,066 | 10,066 | Direct |
| 2031-12-07 | 7,740 | 7,740 | Direct |
| 2032-12-23 | 16,640 | 16,640 | Direct |
| 2033-12-22 | 15,620 | 15,620 | Direct |
| 2029-01-01 | 22,100 | 22,100 | Direct |
| 2029-01-01 | 22,100 | 22,100 | Direct |
| 2034-10-30 | 18,700 | 18,700 | Direct |
| 2034-10-30 | 18,700 | 18,700 | 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 January 1, 2023, January 1, 2024 and January 1,2025.
- 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 January 1, 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.
- 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 and January 1, 2027.
- These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
- These options become exercisable, 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 vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- 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.
- 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests 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 exercised 5,100 stock options; 2,484 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 2,616 shares were acquired by the reporting person.
- The reporting person exercised 5,644 stock options; 4,291 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,353 shares were acquired by the reporting person.
- The reporting person exercised 1,386 stock options; 809 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 577 shares were acquired by the reporting person.
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