Filing Details

Accession Number:
0001179110-16-030644
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-11 17:49:22
Reporting Period:
2016-10-06
Filing Date:
2016-10-11
Accepted Time:
2016-10-11 17:49:22
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
1677053 A Mark Shaffer 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 Disposition 2016-10-06 295 $10.28 2,758 No 4 S Direct
Common Stock Disposition 2016-10-07 354 $10.06 2,404 No 4 S Direct
Common Stock Disposition 2016-10-10 496 $10.03 1,908 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
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 Grant $21.99 2023-11-27 512 512 Direct
Common Stock Employee Stock Grant $9.35 2025-04-09 1,590 1,590 Direct
Common Stock Employee Stock Grant $4.57 2026-02-16 5,178 5,178 Direct
Common Stock Employee Stock Grant $4.57 2026-02-16 1,726 1,726 Direct
Common Stock Employee Stock Grant $8.15 2026-06-22 15,000 15,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-11-27 512 512 Direct
2025-04-09 1,590 1,590 Direct
2026-02-16 5,178 5,178 Direct
2026-02-16 1,726 1,726 Direct
2026-06-22 15,000 15,000 Direct
Footnotes
  1. Twenty-five percent of this restricted stock grant vested on October 1, 2014 and thereafter 1/4 of the restricted stock grant will vest on October 1 of each year for three years.
  2. Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/8 of the restricted stock grant will vest on April 1 and October 1 of each year for three years.
  3. Twenty-five percent of this restricted stock grant vested on October 1, 2016 and thereafter 1/4 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 restricted stock grant will vest on July 13, 2017 and thereafter 1/4 of the restricted stock grant will vest on July 13 of each year for three years.
  6. Represents reporting person's advance election to sell to cover taxes upon vesting such restricted shares