Filing Details

Accession Number:
0000950170-25-019069
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-12 18:13:23
Reporting Period:
2025-02-10
Filing Date:
2025-02-12
Accepted Time:
2025-02-12 18:13:23
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 460
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 2025-02-10 1,399 $17.31 44,708 No 4 M Indirect By The Daunt Family Trust
Common Stock Disposition 2025-02-10 1,399 $33.43 43,309 No 4 S Indirect By The Daunt Family Trust
Common Stock Acquisiton 2025-02-10 699 $22.20 44,008 No 4 M Indirect By The Daunt Family Trust
Common Stock Disposition 2025-02-10 699 $33.41 43,309 No 4 S Indirect By The Daunt Family Trust
Common Stock Acquisiton 2025-02-10 669 $14.00 43,978 No 4 M Indirect By The Daunt Family Trust
Common Stock Disposition 2025-02-10 669 $33.41 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 2025-02-10 1,664 $0.00 8,667 $14.00
Common Stock Stock Option Grant Disposition 2025-02-10 4,230 $0.00 15,620 $17.31
Common Stock Stock Option Grant Disposition 2025-02-10 3,096 $0.00 7,740 $22.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,003 2032-12-23 No 4 M Direct
11,390 2033-12-22 No 4 M Direct
4,644 2031-12-07 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 2026-01-01 2,180 2,180 Direct
Common Stock Restricted Stock Unit Grant $0.00 2027-01-01 10,355 10,355 Direct
Common Stock Restricted Stock Unit Grant $0.00 2028-01-01 14,494 14,494 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 2026-01-01 5,232 5,232 Direct
Common Stock Restricted Stock Unit Grant $0.00 2026-01-01 18,639 18,639 Direct
Common Stock Restrcited Stock Unit Grant $0.00 2027-01-01 19,325 19,325 Direct
Common Stock Restricted Stock Unit Grant $0.00 2029-01-01 22,100 22,100 Direct
Common Stock Stock Option Grant $9.46 2030-12-01 1,275 1,275 Direct
Common Stock Stock Option Grant $22.20 2031-12-07 2,096 2,096 Direct
Common Stock Stock Option Grant $21.62 2034-10-30 18,700 18,700 Direct
Common Stock Stock Option Grant $6.11 2028-12-04 10,066 10,066 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 Stock Option Grant $21.62 2034-10-30 18,700 18,700 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-01-01 2,180 2,180 Direct
2027-01-01 10,355 10,355 Direct
2028-01-01 14,494 14,494 Direct
2029-01-01 22,100 22,100 Direct
2026-01-01 5,232 5,232 Direct
2026-01-01 18,639 18,639 Direct
2027-01-01 19,325 19,325 Direct
2029-01-01 22,100 22,100 Direct
2030-12-01 1,275 1,275 Direct
2031-12-07 2,096 2,096 Direct
2034-10-30 18,700 18,700 Direct
2028-12-04 10,066 10,066 Direct
2032-12-23 16,640 16,640 Direct
2033-12-22 15,620 15,620 Direct
2034-10-30 18,700 18,700 Direct
Footnotes
  1. 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.
  2. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  3. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
  4. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  5. 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.
  6. 12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  7. These options became fully exercisable on January 1, 2024.
  8. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
  9. 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.
  10. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026.
  11. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
  12. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
  13. The reporting person exercised 4,230 stock options; 2,831 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,399 shares were acquired by the reporting person.
  14. The reporting person exercised 3,096 stock options; 2,397 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 699 shares were acquired by the reporting person.
  15. The reporting person exercised 1,664 stock options; 995 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 669 shares were acquired by the reporting person.