Filing Details
- Accession Number:
- 0001179110-11-014841
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-04 17:50:29
- Reporting Period:
- 2011-11-02
- Filing Date:
- 2011-11-04
- Accepted Time:
- 2011-11-04 17:50:29
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1415732 | C. Eric Dean | C/O Liquidity Services, Inc. 1920 L Street, N.w., 6Th Floor Washington DC 20036 | Chief Information Officer | 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-11-02 | 2,000 | $7.48 | 2,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-02 | 2,000 | $30.23 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | 2011-11-02 | 2,000 | $7.48 | 48,005 | $7.48 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 46,005 | 2018-10-01 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Grant | $15.47 | 2020-10-01 | 7,569 | 7,569 | Direct | |
| Common Stock | Employee Stock Option | $15.47 | 2020-10-01 | 14,911 | 14,911 | Direct | |
| Common Stock | Employee Stock Grant | $15.47 | 2020-10-01 | 15,000 | 15,000 | Direct | |
| Common Stock | Employee Stock Option | $13.56 | 2017-10-15 | 250,000 | 250,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-10-01 | 7,569 | 7,569 | Direct |
| 2020-10-01 | 14,911 | 14,911 | Direct |
| 2020-10-01 | 15,000 | 15,000 | Direct |
| 2017-10-15 | 250,000 | 250,000 | Direct |
Footnotes
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2011.
- Twenty-five percent of this restricted stock grant vested 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 vested 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.
- Twenty percent of this option grant vested on October 1, 2009 and thereafter 1/60th of the option grant will vest each month for forty-eight months.
- Twenty-five percent of this option grant vested on 10/15/2008, and thereafter, 1/48th of the option grant will vest each month for thirty-six months.
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