Filing Details
- Accession Number:
- 0000950170-25-019100
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-12 18:42:13
- Reporting Period:
- 2025-02-10
- Filing Date:
- 2025-02-12
- Accepted Time:
- 2025-02-12 18:42:13
- 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 460 Bethesda MD 20814 | Svp & Chief Technology 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 | Disposition | 2025-02-10 | 10,000 | $34.01 | 58,401 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 1,005 | $9.46 | 59,406 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 516 | $22.20 | 59,922 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-02-10 | 468 | $14.00 | 60,390 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-10 | 815 | $33.80 | 59,575 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-02-11 | 10,000 | $34.06 | 49,575 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-11 | 1,089 | $17.31 | 50,664 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-11 | 1,089 | $34.15 | 49,575 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-11 | 976 | $22.20 | 50,551 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-11 | 976 | $34.22 | 49,575 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-11 | 375 | $14.00 | 49,950 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-11 | 375 | $34.22 | 49,575 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-02-12 | 5,000 | $35.26 | 44,575 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| 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
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option Grant | Disposition | 2025-02-10 | 1,005 | $0.00 | 2,980 | $9.46 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-10 | 516 | $0.00 | 3,353 | $22.20 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-10 | 468 | $0.00 | 5,849 | $14.00 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-11 | 3,908 | $0.00 | 14,430 | $17.31 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-11 | 4,952 | $0.00 | 12,380 | $22.20 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-11 | 1,123 | $0.00 | 11,230 | $14.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,975 | 2030-12-01 | No | 4 | M | Direct | |
| 2,837 | 2031-12-07 | No | 4 | M | Direct | |
| 5,381 | 2032-12-23 | No | 4 | M | Direct | |
| 10,522 | 2033-12-22 | No | 4 | M | Direct | |
| 7,428 | 2031-12-07 | No | 4 | M | Direct | |
| 10,107 | 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 | 2026-01-01 | 3,490 | 3,490 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 6,985 | 6,985 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2028-01-01 | 13,387 | 13,387 | 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 | 8,396 | 8,396 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2026-01-01 | 12,582 | 12,852 | 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 | $21.62 | 2034-10-30 | 16,700 | 16,700 | 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 |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2026-01-01 | 3,490 | 3,490 | Direct |
| 2027-01-01 | 6,985 | 6,985 | Direct |
| 2028-01-01 | 13,387 | 13,387 | Direct |
| 2029-01-01 | 19,700 | 19,700 | Direct |
| 2026-01-01 | 8,396 | 8,396 | Direct |
| 2026-01-01 | 12,582 | 12,852 | Direct |
| 2027-01-01 | 17,850 | 17,850 | Direct |
| 2029-01-01 | 19,700 | 19,700 | Direct |
| 2034-10-30 | 16,700 | 16,700 | Direct |
| 2033-12-22 | 14,430 | 14,430 | Direct |
| 2034-10-30 | 16,700 | 16,700 | Direct |
Footnotes
- These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- These options became fully exercisable on 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.
- Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
- 12/48th of these options 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 vested 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 vests on each of January 1, 2026, 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.
- 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.
- 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.
- 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.
- The reporting person surrendered 815 shares with a market value of $27,547.00 to the issuer to pay the cost and related taxes associated with the exercise of the stock options described above (i.e., the 1,005 options with an exercise price of $9.46, 516 options with an exercise price of $22.20, and 468 options with an exercise price of $14.00).
- The reporting person exercised 3,908 stock options; 2,819 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,089 shares were acquired by the reporting person.
- The reporting person exercised 4,952 stock options; 3,976 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 976 shares were acquired by the reporting person.
- The reporting person exercised 1,123 stock options; 748 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 375 shares were acquired by the reporting person.
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