Home > Insider Trading > Filing (0001179110-11-013079)

Filing Details

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
Common Stock	Acquisiton	2011-09-06	25,000	$12.89	25,700	No	4	M	Direct
Common Stock	Disposition	2011-09-06	25,000	$30.22	700	No	4	S	Direct
Common Stock	Acquisiton	2011-09-07	5,000	$12.89	5,700	No	4	M	Direct
Common Stock	Acquisiton	2011-09-07	5,625	$10.93	11,325	No	4	M	Direct
Common Stock	Acquisiton	2011-09-07	3,549	$9.05	14,874	No	4	M	Direct
Common Stock	Acquisiton	2011-09-07	3,938	$7.48	18,812	No	4	M	Direct
Common Stock	Disposition	2011-09-07	18,112	$31.76	700	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	M	Direct
No	4	M	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	2011-09-06	25,000	$12.89	30,000	$12.89
Common Stock	Employee Stock Option	Disposition	2011-09-07	5,000	$12.89	5,000	$12.89
Common Stock	Employee Stock Option	Disposition	2011-09-07	5,625	$10.93	6,251	$10.93
Common Stock	Employee Stock Option	Disposition	2011-09-07	3,938	$7.48	11,251	$7.48
Common Stock	Employee Stock Option	Disposition	2011-09-07	3,549	$9.05	16,225	$9.05

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,000	2016-03-30	No	4	M	Direct
0	2016-03-30	No	4	M	Direct
626	2017-10-01	No	4	M	Direct
7,313	2018-10-01	No	4	M	Direct
12,676	2019-10-01	No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
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
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.