Filing Details

Accession Number:
0000950170-25-029172
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-27 16:51:29
Reporting Period:
2025-02-25
Filing Date:
2025-02-27
Accepted Time:
2025-02-27 16:51:29
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
1825422 Novelette Murray 6931 Arlington Road Suite 460
Bethesda MD 20814
Chief Human Resources 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 2025-02-25 7,938 $33.96 36,181 No 4 S Direct
Common Stock Acquisiton 2025-02-25 1,382 $0.00 37,563 No 4 M Direct
Common Stock Disposition 2025-02-25 1,382 $33.63 36,181 No 4 J Direct
Common Stock Acquisiton 2025-02-25 1,429 $0.00 37,610 No 4 M Direct
Common Stock Disposition 2025-02-25 1,429 $33.63 36,181 No 4 J Direct
Common Stock Disposition 2025-02-26 11,009 $34.84 25,172 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 J Direct
No 4 M Direct
No 4 J Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Grant Disposition 2025-02-25 2,071 $0.00 9,320 $0.00
Common Stock Restricted Stock Unit Grant Disposition 2025-02-25 2,142 $0.00 10,710 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,249 2026-01-01 No 4 M Direct
8,568 2027-01-01 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 1,745 1,745 Direct
Common Stock Restricted Stock Unit Grant $0.00 2027-01-01 5,177 5,177 Direct
Common Stock Restricted Stock Unit Grant $0.00 2028-01-01 8,032 8,032 Direct
Common Stock Restricted Stock Unit Grant $0.00 2029-01-01 9,500 9,500 Direct
Common Stock Restricted Stock Units $0.00 2026-01-01 4,188 4,188 Direct
Common Stock Restricted Stock Unit Grant $0.00 2029-01-01 9,500 9,500 Direct
Common Stock Stock Option Grant $10.30 2027-02-02 1,850 1,850 Direct
Common Stock Stock Option Grant $9.46 2030-12-01 7,693 7,693 Direct
Common Stock Stock Option Grant $22.20 2031-12-07 6,190 6,190 Direct
Common Stock Stock Option Grant $14.00 2032-12-23 5,027 5,027 Direct
Common Stock Stock Option Grant $17.31 2033-12-22 8,660 8,660 Direct
Common Stock Stock Option Grant $21.62 2034-10-30 8,000 8,000 Direct
Common Stock Stock Option Grant $10.30 2027-02-02 1,054 1,054 Direct
Common Stock Stock Option Grant $22.20 2031-12-07 6,190 6,190 Direct
Common Stock Stock Option Grant $14.00 2032-12-23 8,320 8,320 Direct
Common Stock Stock Option Grant $17.31 2033-12-22 8,660 8,660 Direct
Common Stock Stock Option Grant $21.62 2034-10-30 8,000 8,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-01-01 1,745 1,745 Direct
2027-01-01 5,177 5,177 Direct
2028-01-01 8,032 8,032 Direct
2029-01-01 9,500 9,500 Direct
2026-01-01 4,188 4,188 Direct
2029-01-01 9,500 9,500 Direct
2027-02-02 1,850 1,850 Direct
2030-12-01 7,693 7,693 Direct
2031-12-07 6,190 6,190 Direct
2032-12-23 5,027 5,027 Direct
2033-12-22 8,660 8,660 Direct
2034-10-30 8,000 8,000 Direct
2027-02-02 1,054 1,054 Direct
2031-12-07 6,190 6,190 Direct
2032-12-23 8,320 8,320 Direct
2033-12-22 8,660 8,660 Direct
2034-10-30 8,000 8,000 Direct
Footnotes
  1. 12/48th of this option grant vested on January 1, 2022 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 will 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 completion of the Issuer's strategic transformation as well as the Issuer's achievement of certain financial milestones.
  5. 15/48th of this option grant vested on January 1, 2018 and thereafter, an additional 1/48th vests each month for thirty-three months.
  6. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. 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. 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.
  13. 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.
  14. 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.
  15. Represents the net issuance of 1,382 shares from the vesting of 2,071 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 689 shares.
  16. In accordance with the Issuer's policies, the reporting person has elected that each time RSUs vest, shares are withheld by the issuer to cover taxes and any remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,382 shares received by the reporting person pursuant to the election described in the immediately preceding sentence.
  17. Represents the net issuance of 1,429 shares from the vesting of 2,142 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 713 shares.
  18. In accordance with the Issuer's policies, the reporting person has elected that each time RSUs vest, shares are withheld by the issuer to cover taxes and any remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,492 shares received by the reporting person pursuant to the election described in the immediately preceding sentence.