LIQUIDITY SERVICES INC — Director's Dealing 2013

Jun 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2013-06-03

Reporting Person: Kramer Franklin D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-06-03	Employee Stock Option	$40.11	A	5954	Acquired	2023-02-01	Common Stock (5954)	Direct
2013-06-03	Restricted Stock Grant	$40.11	A	947	Acquired	2023-02-01	Common Stock (947)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22814	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$8.55	2019-04-28	Common Stock (15611)	15611	Direct
Employee Stock Option	$14.30	2021-02-01	Common Stock (11335)	11335	Direct
Employee Stock Option	$42.31	2022-02-01	Common Stock (5328)	5328	Direct

Footnotes

F1: These options became fully vested on February 18, 2010.

F2: These options became fully vested on February 1, 2012.

F3: These options became fully vested on February 1, 2013.

F4: These options have a one-year vesting period such that 100% of this option grant will vest on February 1, 2014.

F5: These restricted shares have a one-year vesting period such that 100% of this restricted share grant will vest on February 1, 2014.