Filing Details

Accession Number:
0001179110-12-009515
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-04 16:59:16
Reporting Period:
2012-05-31
Filing Date:
2012-06-04
Accepted Time:
2012-06-04 16:59:16
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
1352735 B Thomas Burton C/O Liquidity Services, Inc.
1920 L Street, N.w., 6Th Floor
Washington DC 20036
Pres, Coo, Gov't Liquid Llc 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 2012-05-31 10,000 $63.75 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 $31.11 2021-10-01 7,111 7,111 Direct
Common Stock Employee Stock Option $31.11 2021-10-01 11,801 11,801 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 6,374 6,374 Direct
Common Stock Employee Stock Option $15.47 2020-10-01 12,556 12,556 Direct
Common Stock Employee Stock Grant $15.47 2020-10-01 15,603 15,603 Direct
Common Stock Employee Stock Option $7.48 2018-10-01 44,003 44,003 Direct
Common Stock Employee Stock Option $10.93 2017-10-01 17,999 17,999 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-10-01 7,111 7,111 Direct
2021-10-01 11,801 11,801 Direct
2020-10-01 6,374 6,374 Direct
2020-10-01 12,556 12,556 Direct
2020-10-01 15,603 15,603 Direct
2018-10-01 44,003 44,003 Direct
2017-10-01 17,999 17,999 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.
  7. Twenty-five percent of this option grant vested on October 1, 2008, with the remaining options vesting at 2.083% per month thereafter on the first day of each month for the next 36 months.