Filing Details
- Accession Number:
- 0001235468-21-000106
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-11 13:00:00
- Reporting Period:
- 2021-05-10
- Accepted Time:
- 2021-05-11 18:24:01
- 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 | Acquisiton | 2021-05-10 | 16,356 | $6.29 | 43,970 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-05-10 | 16,356 | $23.90 | 27,614 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-05-11 | 16,562 | $6.29 | 44,176 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-05-11 | 16,562 | $24.73 | 27,614 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | 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 | Stock Option | Disposition | 2021-05-10 | 44,192 | $0.00 | 44,192 | $6.29 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-02-01 | 2026-02-01 | 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 | 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 |
| 2022-02-01 | 4,655 | 4,655 | Direct |
Footnotes
- The reporting person exercised 22,000 stock options on a share withhold basis. 5,644 shares were withheld to cover the cost of the options resulting in a net amount of 16,356 shares acquired.
- The reporting person exercised 22,192 stock options on a share withhold basis. 5,630 shares were withheld to cover the cost of the options resulting in a net amount of 16,562 shares acquired.
- George H. Ellis Individual Retirement Account with Northern Trust Company as Trustee.
- The reporting person exercised 22,000 stock options on May 10, 2021 and 22,192 on May 11, 2021.
- Represents the exercise of stock options.
- Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- These restricted stock units vest on February 1, 2022.
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