Filing Details

Accession Number:
0001179110-14-015068
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-10-03 17:40:01
Reporting Period:
2014-10-01
Filing Date:
2014-10-03
Accepted Time:
2014-10-03 17:40:01
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
1352618 Iii P William Angrick C/O Liquidity Services, Inc.
1920 L Street, N.w., 6Th Floor
Washington DC 20036
Chairman Of The Board And Ceo Yes Yes Yes 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 2014-10-01 23,171 $12.88 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,655,842 Indirect By the William P. Angrick III Revocable Trust
Common Stock 873,379 Indirect By the William P. Angrick III 2005 Irrevocable Trust
Common Stock 575,513 Indirect By the Stephanie S. Angrick 2005 Irrevocable Trust
Common Stock 114,699 Indirect By the Stephanie S. Angrick Revocable Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Grant $21.99 2023-10-01 17,038 17,038 Direct
Common Stock Employee Stock Grant $21.99 2023-10-01 22,716 22,716 Direct
Common Stock Employee Stock Option $24.19 2023-10-01 48,122 48,122 Direct
Common Stock Employee Stock Option $24.19 2023-10-01 48,121 48,121 Direct
Common Stock Employee Stock Grant $46.72 2022-10-01 4,239 4,239 Direct
Common Stock Employee Stock Grant $46.72 2022-10-01 8,477 8,477 Direct
Common Stock Employee Stock Option $46.72 2022-10-01 14,695 14,695 Direct
Common Stock Employee Stock Option $46.72 2022-10-01 14,695 14,695 Direct
Common Stock Employee Stock Grant $37.72 2021-10-01 4,430 4,430 Direct
Common Stock Employee Stock Option $37.72 2021-10-01 32,139 32,139 Direct
Common Stock Employee Stock Option $17.02 2020-10-01 8,641 8,641 Direct
Common Stock Employee Stock Grant $17.02 2020-10-01 11,053 11,053 Direct
Common Stock Employee Stock Option $9.96 2019-10-01 4,568 4,568 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-10-01 17,038 17,038 Direct
2023-10-01 22,716 22,716 Direct
2023-10-01 48,122 48,122 Direct
2023-10-01 48,121 48,121 Direct
2022-10-01 4,239 4,239 Direct
2022-10-01 8,477 8,477 Direct
2022-10-01 14,695 14,695 Direct
2022-10-01 14,695 14,695 Direct
2021-10-01 4,430 4,430 Direct
2021-10-01 32,139 32,139 Direct
2020-10-01 8,641 8,641 Direct
2020-10-01 11,053 11,053 Direct
2019-10-01 4,568 4,568 Direct
Footnotes
  1. These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
  2. These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
  3. Twenty-five percent of this restricted stock grant vested on October 1, 2014 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  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 option grant vested on October 1, 2014 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  6. This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  7. Twenty-five percent of this restricted stock grant vested on October 1, 2013 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  8. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  9. Twenty-five percent of this option grant vested on October 1, 2013 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  10. This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  11. Twenty-five percent of this restricted stock grant vested on October 1, 2012 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  12. Twenty-five percent of this option grant vested on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  13. These options became fully vested on October 1, 2014.
  14. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  15. These options became fully vested on October 1, 2013.