Filing Details

Accession Number:
0001179110-13-014191
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-09-13 17:08:24
Reporting Period:
2013-09-11
Filing Date:
2013-09-13
Accepted Time:
2013-09-13 17:08:24
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
1352872 Edwin James Williams C/o Liquidity Services, Inc.
1920 L Street, N.w., 6Th Floor
Washington DC 20036
Vp, Gen. Counsel & Secretary 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 2013-09-11 3,042 $9.05 3,742 No 4 M Direct
Common Stock Acquisiton 2013-09-11 1,248 $15.47 4,990 No 4 M Direct
Common Stock Disposition 2013-09-11 4,290 $35.91 700 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2013-09-11 3,042 $9.05 3,550 $9.05
Common Stock Employee Stock Option Disposition 2013-09-11 1,248 $15.47 3,954 $15.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
508 2019-10-01 No 4 M Direct
2,706 2020-10-01 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Grant $9.05 2019-10-01 1,945 1,945 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 3,380 3,380 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 2,764 2,764 Direct
Common Stock Employee Stock Grant $31.11 2021-10-01 2,689 2,689 Direct
Common Stock Employee Stock Option $31.11 2021-10-01 5,950 5,950 Direct
Common Stock Employee Stock Grant $38.09 2022-10-01 2,753 2,753 Direct
Common Stock Employee Stock Grant $38.09 2022-10-01 2,753 2,753 Direct
Common Stock Employee Stock Option $38.09 2022-10-01 1,835 1,835 Direct
Common Stock Employee Stock Option $38.09 2022-10-01 1,835 1,835 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-10-01 1,945 1,945 Direct
2020-10-01 3,380 3,380 Direct
2020-10-01 2,764 2,764 Direct
2021-10-01 2,689 2,689 Direct
2021-10-01 5,950 5,950 Direct
2022-10-01 2,753 2,753 Direct
2022-10-01 2,753 2,753 Direct
2022-10-01 1,835 1,835 Direct
2022-10-01 1,835 1,835 Direct
Footnotes
  1. Twenty-five percent of this restricted stock grant vested on October 1, 2010 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  2. Twenty-five percent of this option grant vested on October 1, 2010 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  3. 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.
  4. 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.
  5. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  6. 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.
  7. 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.
  8. Twenty-five percent of this restricted stock grant will vest on October 1, 2013 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
  9. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  10. Twenty-five percent of this option grant will vest on October 1, 2013 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  11. This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.