Filing Details
- Accession Number:
- 0000950170-24-138031
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-12-18 18:05:02
- Reporting Period:
- 2024-12-16
- Accepted Time:
- 2024-12-18 18:05:02
- 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 |
---|---|---|---|---|---|---|---|
1352618 | Iii P William Angrick | C/O Liquidity Services, Inc. 6931 Arlington Road, Suite 200 Bethesda MD 20814 | Chairman Of The Board And Ceo | 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 | 2024-12-16 | 100,000 | $33.30 | 5,101,557 | No | 4 | S | Indirect | By the William P. Angrick III Revocable Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By the William P. Angrick III Revocable Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 873,379 | Indirect | By the William P. Angrick III 2005 Irrevocable Trust |
Common Stock | 575,513 | Indirect | By the Stephanie S. Angrick 2005 Irrevocable Trust |
Common Stock | 114,699 | Indirect | By the Stephanie S. Angrick 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 | 5,925 | 5,925 | Direct | |
Common Stock | Stock Option Grant | $7.29 | 2025-12-22 | 56,193 | 56,193 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 31,400 | 31,400 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 62,800 | 62,800 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 68,320 | 68,320 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 51,240 | 51,240 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 61,635 | 61,635 | Direct | |
Common Stock | Stock Option Grant | $9.13 | 2027-03-03 | 38,000 | 38,000 | Direct | |
Common Stock | Stock Option Grant | $9.13 | 2027-03-03 | 27,360 | 27,360 | Direct | |
Common Stock | Stock Option Grant | $4.92 | 2027-12-11 | 68,938 | 68,938 | Direct | |
Common Stock | Stock Option Grant | $4.92 | 2027-12-11 | 48,019 | 48,019 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2028-01-01 | 61,635 | 61,635 | Direct | |
Common Stock | Stock Option Grant | $6.72 | 2028-12-04 | 124,200 | 124,200 | Direct | |
Common Stock | Stock Option Grant | $6.72 | 2028-12-04 | 105,247 | 105,247 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2029-01-01 | 63,050 | 63,050 | Direct | |
Common Stock | Restricted Stock Unit Grant | $0.00 | 2029-01-01 | 63,050 | 63,050 | Direct | |
Common Stock | Stock Option Grant | $7.36 | 2029-12-03 | 139,900 | 139,900 | Direct | |
Common Stock | Stock Option Grant | $7.36 | 2029-12-03 | 124,401 | 124,401 | Direct | |
Common Stock | Stock Option Grant | $10.41 | 2030-12-01 | 131,950 | 131,950 | Direct | |
Common Stock | Stock Option Grant | $10.41 | 2030-12-01 | 131,950 | 131,950 | Direct | |
Common Stock | Stock Option Grant | $24.42 | 2031-12-07 | 56,615 | 56,615 | Direct | |
Common Stock | Stock Option Grant | $24.42 | 2031-12-07 | 56,615 | 56,615 | Direct | |
Common Stock | Stock Option Grant | $15.40 | 2032-12-23 | 53,125 | 53,125 | Direct | |
Common Stock | Stock Option Grant | $15.40 | 2032-12-23 | 53,125 | 53,125 | Direct | |
Common Stock | Stock Option Grant | $19.04 | 2033-12-22 | 50,170 | 50,170 | Direct | |
Common Stock | Stock Option Grant | $19.04 | 2033-12-22 | 50,170 | 50,170 | Direct | |
Common Stock | Stock Option Grant | $23.78 | 2034-10-30 | 53,550 | 53,550 | Direct | |
Common Stock | Stock Option Grant | $23.78 | 2034-10-30 | 53,550 | 53,550 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-01-01 | 5,925 | 5,925 | Direct |
2025-12-22 | 56,193 | 56,193 | Direct |
2026-01-01 | 31,400 | 31,400 | Direct |
2026-01-01 | 62,800 | 62,800 | Direct |
2026-01-01 | 68,320 | 68,320 | Direct |
2027-01-01 | 51,240 | 51,240 | Direct |
2027-01-01 | 61,635 | 61,635 | Direct |
2027-03-03 | 38,000 | 38,000 | Direct |
2027-03-03 | 27,360 | 27,360 | Direct |
2027-12-11 | 68,938 | 68,938 | Direct |
2027-12-11 | 48,019 | 48,019 | Direct |
2028-01-01 | 61,635 | 61,635 | Direct |
2028-12-04 | 124,200 | 124,200 | Direct |
2028-12-04 | 105,247 | 105,247 | Direct |
2029-01-01 | 63,050 | 63,050 | Direct |
2029-01-01 | 63,050 | 63,050 | Direct |
2029-12-03 | 139,900 | 139,900 | Direct |
2029-12-03 | 124,401 | 124,401 | Direct |
2030-12-01 | 131,950 | 131,950 | Direct |
2030-12-01 | 131,950 | 131,950 | Direct |
2031-12-07 | 56,615 | 56,615 | Direct |
2031-12-07 | 56,615 | 56,615 | Direct |
2032-12-23 | 53,125 | 53,125 | Direct |
2032-12-23 | 53,125 | 53,125 | Direct |
2033-12-22 | 50,170 | 50,170 | Direct |
2033-12-22 | 50,170 | 50,170 | Direct |
2034-10-30 | 53,550 | 53,550 | Direct |
2034-10-30 | 53,550 | 53,550 | Direct |
Footnotes
- These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
- 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, 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 financial 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.
- 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 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 vested on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.
- These options became fully exercisable on October 1, 2020.
- These options became fully exercisable on October 1, 2021.
- 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.
- These options became fully exercisable on October 1, 2022.
- 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.
- These options became fully exercisable on January 1, 2024.
- These options became fully exercisable on October 1, 2019.
- 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, 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.
- 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.
- These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.