Filing Details

Accession Number:
0001179110-12-003238
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-22 18:00:28
Reporting Period:
2012-02-16
Filing Date:
2012-02-22
Accepted Time:
2012-02-22 18:00:28
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
1415732 C. Eric Dean C/O Liquidity Services, Inc.
1920 L Street, N.w., 6Th Floor
Washington DC 20036
Chief Information Officer 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 2012-02-16 4,970 $15.47 4,970 No 4 M Direct
Common Stock Acquisiton 2012-02-16 4,003 $7.48 8,973 No 4 M Direct
Common Stock Disposition 2012-02-16 8,973 $42.06 0 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 2012-02-16 4,970 $15.47 14,911 $15.47
Common Stock Employee Stock Option Disposition 2012-02-16 4,003 $7.48 44,006 $7.48
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,941 2020-10-01 No 4 M Direct
40,003 2018-10-01 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Grant $31.11 2021-10-01 5,634 5,634 Direct
Common Stock Employee Stock Option $31.11 2021-10-01 9,351 9,351 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 7,569 7,569 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 13,125 13,125 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-10-01 5,634 5,634 Direct
2021-10-01 9,351 9,351 Direct
2020-10-01 7,569 7,569 Direct
2020-10-01 13,125 13,125 Direct
Footnotes
  1. Twenty-five percent of this restricted stock grant will vest on October 1, 2012 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 will vest on October 1, 2012 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 percent of this option grant vested on October 1, 2009 and thereafter 1/60th of the option grant will vest each month for forty-eight months.