Filing Details
- Accession Number:
- 0000950170-25-019231
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-12 20:53:07
- Reporting Period:
- 2025-02-10
- Filing Date:
- 2025-02-12
- Accepted Time:
- 2025-02-12 20:53:07
- 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 |
|---|---|---|---|---|---|---|---|
| 1677053 | A Mark Shaffer | C/O Liquidity Services, Inc. 6931 Arlington Road, Sutie 460 Bethesda MD 20814 | Vp, Gen. Counsel & Secretary | 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 | 3,633 | $34.70 | 46,200 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-11 | 9,537 | $34.57 | 36,663 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 580 | $34.62 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 814 | $17.31 | 36,897 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 814 | $35.78 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 231 | $9.46 | 36,314 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 231 | $35.78 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 720 | $22.20 | 36,803 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 720 | $35.67 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 1,313 | $22.20 | 37,396 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 1,313 | $35.67 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 1,942 | $14.00 | 38,025 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 1,942 | $35.67 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 405 | $14.00 | 36,488 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Disposition | 2025-02-12 | 405 | $35.67 | 36,083 | No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 322 | $22.20 | 36,405 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 433 | $14.00 | 36,838 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 3,957 | $9.46 | 40,795 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Acquisiton | 2025-02-12 | 709 | $17.31 | 41,504 | No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | S | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
| No | 4 | M | Indirect | By The Mark A. Shaffer Revocable Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option Grant | Disposition | 2025-02-12 | 4,443 | $0.00 | 4,443 | $9.46 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-12 | 5,966 | $0.00 | 7,740 | $22.20 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-12 | 5,419 | $0.00 | 10,405 | $14.00 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-12 | 3,203 | $0.00 | 11,825 | $17.31 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-12 | 3,096 | $0.00 | 7,740 | $22.20 |
| Common Stock | Stock Option Grant | Disposition | 2025-02-12 | 1,040 | $0.00 | 10,405 | $14.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2030-12-01 | No | 4 | M | Direct | |
| 1,774 | 2031-12-07 | No | 4 | M | Direct | |
| 4,986 | 2032-12-23 | No | 4 | M | Direct | |
| 8,622 | 2033-12-22 | No | 4 | M | Direct | |
| 4,644 | 2031-12-07 | No | 4 | M | Direct | |
| 9,365 | 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 | 2,180 | 2,180 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 6,475 | 6,475 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2028-01-01 | 10,972 | 10,972 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2029-01-01 | 12,650 | 12,650 | 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 | 11,655 | 11,655 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2027-01-01 | 14,630 | 14,630 | Direct | |
| Common Stock | Restricted Stock Unit Grant | $0.00 | 2029-01-01 | 12,650 | 12,650 | Direct | |
| Common Stock | Stock Option Grant | $21.62 | 2034-10-30 | 10,700 | 10,700 | Direct | |
| Common Stock | Stock Option Grant | $17.31 | 2033-12-22 | 11,825 | 11,825 | Direct | |
| Common Stock | Stock Option Grant | $21.62 | 2034-10-30 | 10,700 | 10,700 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2026-01-01 | 2,180 | 2,180 | Direct |
| 2027-01-01 | 6,475 | 6,475 | Direct |
| 2028-01-01 | 10,972 | 10,972 | Direct |
| 2029-01-01 | 12,650 | 12,650 | Direct |
| 2026-01-01 | 5,232 | 5,232 | Direct |
| 2026-01-01 | 11,655 | 11,655 | Direct |
| 2027-01-01 | 14,630 | 14,630 | Direct |
| 2029-01-01 | 12,650 | 12,650 | Direct |
| 2034-10-30 | 10,700 | 10,700 | Direct |
| 2033-12-22 | 11,825 | 11,825 | Direct |
| 2034-10-30 | 10,700 | 10,700 | Direct |
Footnotes
- 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, 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 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, 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 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.
- These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
- The reporting person exercised 2,494 stock options; 1,680 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 814 shares were acquired by the reporting person.
- The reporting person exercised 486 stock options; 255 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 231 shares were acquired by the reporting person.
- The reporting person exercised 3,096 stock options; 2,376 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 720 shares were acquired by the reporting person.
- The reporting person exercised 5,644 stock options; 4,331 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,313 shares were acquired by the reporting person.
- The reporting person exercised 4,986 stock options; 3,044 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,942 shares were acquired by the reporting person.
- The reporting person exercised 1,040 stock options; 635 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 405 shares were acquired by the reporting person.
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