Filing Details

Accession Number:
0001235468-21-000069
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-09 17:07:55
Reporting Period:
2021-02-05
Accepted Time:
2021-02-09 17:07:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1235468 Liquidity Services Inc LQDT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1085715 H George Ellis C/o Liquidity Services, Inc.
6931 Arlington Road, Suite 200
Bethesda MD 20814
Yes No 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 2021-02-05 29,000 $17.67 19,491 No 4 S Direct
Common Stock Acquisiton 2021-02-08 13,304 $9.75 32,795 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Disposition 2021-02-08 19,050 $0.00 19,050 $9.84
Common Stock Stock Option Disposition 2021-02-08 10,684 $0.00 10,684 $9.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-01 2025-02-01 No 4 M Direct
0 2018-02-01 2027-02-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,160 Indirect I.R.A.
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $42.31 2013-02-01 2022-02-01 5,328 5,328 Direct
Common Stock Stock Option $40.11 2014-02-01 2023-02-01 5,954 5,954 Direct
Common Stock Stock Option $21.53 2015-02-01 2024-02-01 13,144 13,144 Direct
Common Stock Stock Option $6.29 2017-02-01 2026-02-01 44,192 44,192 Direct
Common Stock Restricted Stock Grant $0.00 2022-02-01 4,655 4,655 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-02-01 5,328 5,328 Direct
2023-02-01 5,954 5,954 Direct
2024-02-01 13,144 13,144 Direct
2026-02-01 44,192 44,192 Direct
2022-02-01 4,655 4,655 Direct
Footnotes
  1. The reporting person exercised 29,734 stock options on a share withhold basis. 16,430 shares were withheld to cover the cost of the options resulting in a net amount of 13,304 shares acquired.
  2. The reporting person exercised a total of 29,734 options, 19,050 of which had an exercise price of $6.84 and 10,684 of which had an exercise price of $9.75.
  3. George H. Ellis Individual Retirement Account with Northern Trust Company as Trustee.
  4. Represents the exercise of stock options.
  5. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  6. These restricted stock units vest on February 1, 2022.