LIQUIDITY SERVICES INC — Director's Dealing 2013

Feb 14, 2013

SEC Form 4/A — Form 4/A

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2012-11-16

Reporting Person: Burton Thomas B (Pres, COO, Gov't Liquid LLC)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-16	Employee Stock Grant	$38.09	A	3185	Acquired	2022-10-01	Common Stock (3185)	Direct
2012-11-16	Employee Stock Grant	$38.09	A	3185	Acquired	2022-10-01	Common Stock (3185)	Direct
2012-11-16	Employee Stock Option	$38.09	A	4777	Acquired	2022-10-01	Common Stock (4777)	Direct
2012-11-16	Employee Stock Option	$38.09	A	4777	Acquired	2022-10-01	Common Stock (4777)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Grant	$38.09	2022-10-01	Common Stock (10000)	10000	Direct
Employee Stock Grant	$31.11	2021-10-01	Common Stock (5334)	5334	Direct
Employee Stock Option	$31.11	2021-10-01	Common Stock (11801)	11801	Direct
Employee Stock Grant	$15.47	2020-10-01	Common Stock (4249)	4249	Direct
Employee Stock Option	$15.47	2020-10-01	Common Stock (12556)	12556	Direct
Employee Stock Grant	$15.47	2020-10-01	Common Stock (13108)	13108	Direct
Employee Stock Option	$7.48	2018-10-01	Common Stock (44003)	44003	Direct
Employee Stock Option	$10.93	2017-10-01	Common Stock (17999)	17999	Direct

Footnotes

F1: Twenty-five percent of this restricted stock grant will vest on October 1, 2013 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.

F2: These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.

F3: Twenty-five percent of this option grant will vest on October 1, 2013 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

F4: This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.

F5: These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.

F6: Twenty-five percent of this restricted stock grant vested on October 1, 2012 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.

F7: Twenty-five percent of this option grant vested on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

F8: 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.

F9: 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.

F10: These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.

F11: 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.

F12: These options became fully vested on October 1, 2011.