Filing Details

Accession Number:
0001179110-12-006945
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-18 19:19:38
Reporting Period:
2012-04-16
Filing Date:
2012-04-18
Accepted Time:
2012-04-18 18:19:38
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
1352659 M James Rallo C/O Liquidity Services, Inc.
1920 L Street, N.w., 6Th Floor
Washington DC 20036
Cfo, Treasurer 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 Disposition 2012-04-16 949 $51.46 600 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option $7.48 2018-10-01 44,337 44,337 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 12,514 12,514 Direct
Common Stock Employee Stock Option $15.47 2020-10-01 15,924 15,924 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 7,801 7,801 Direct
Common Stock Employee Stock Option $31.11 2021-10-01 7,446 7,446 Direct
Common Stock Employee Stock Option $31.11 2021-10-01 12,358 12,358 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-10-01 44,337 44,337 Direct
2020-10-01 12,514 12,514 Direct
2020-10-01 15,924 15,924 Direct
2020-10-01 7,801 7,801 Direct
2021-10-01 7,446 7,446 Direct
2021-10-01 12,358 12,358 Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  5. Twenty-five percent of this restricted stock grant will vest on October 1, 2012 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  6. Twenty-five percent of this option grant will vest on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.