LIQUIDITY SERVICES INC — Director's Dealing 2010

Jan 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2010-01-08

Reporting Person: Mateus-Tique Jaime (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-08	Common Stock	S	14000	$10.27	Disposed	1969345	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	359000	Indirect
Common Stock	257311	Indirect
Common Stock	30400	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$12.02	2017-10-01	Common Stock (76000)	76000	Direct
Employee Stock Option	$17.63	2016-09-21	Common Stock (75000)	75000	Direct
Employee Stock Option	$7	2015-12-21	Common Stock (30000)	30000	Direct

Footnotes

F1: The transactions in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2006.

F2: Twenty-five percent of this option grant vested on October 1, 2008 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

F3: Twenty-five percent of this option grant vested on September 21, 2007 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

F4: This option became fully vested on April 19, 2006.