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Filing Details

Accession Number:: 0001179110-13-009511
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-06-03 13:00:00
Reporting Period:: 2013-05-30

Filing Date:: 2013-06-03
Accepted Time:: 2013-06-03 17:20:13
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2013-05-30	2,813	$7.48	3,513	No	4	M	Direct
Common Stock	Acquisiton	2013-05-30	5,070	$9.05	8,583	No	4	M	Direct
Common Stock	Acquisiton	2013-05-30	2,081	$15.47	10,664	No	4	M	Direct
Common Stock	Disposition	2013-05-30	9,964	$40.00	700	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option	Disposition	2013-05-30	2,813	$7.48	2,813	$7.48
Common Stock	Employee Stock Option	Disposition	2013-05-30	5,070	$9.05	8,620	$9.05
Common Stock	Employee Stock Option	Disposition	2013-05-30	2,081	$15.47	6,035	$15.47

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2018-10-01	No	4	M	Direct
3,550	2019-10-01	No	4	M	Direct
3,954	2020-10-01	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	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

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2013.
These options became fully vested on October 1, 2012.
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.
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.
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-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.
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.
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.
These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
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.
This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.