LIQUIDITY SERVICES INC — Director's Dealing 2014

May 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2014-05-09

Reporting Person: Mateus-Tique Jaime (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-09	Common Stock	P	100000	$12.44	Acquired	288262	Indirect
2014-05-12	Common Stock	P	80000	$12.89	Acquired	368262	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	54885	Direct
Common Stock	163208	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$21.53	2024-02-01	Common Stock (20061)	20061	Direct
Restricted Stock Grant	$21.53	2024-02-01	Common Stock (1765)	1765	Direct
Employee Stock Option	$40.11	2023-02-01	Common Stock (5954)	5954	Direct
Employee Stock Option	$42.31	2022-02-01	Common Stock (5328)	5328	Direct
Employee Stock Option	$14.30	2021-02-01	Common Stock (15012)	15012	Direct
Employee Stock Option	$11.77	2020-02-01	Common Stock (18612)	18612	Direct
Employee Stock Option	$12.02	2017-10-01	Common Stock (76000)	76000	Direct
Employee Stock Option	$17.63	2016-09-21	Common Stock (55000)	55000	Direct

Footnotes

F1: These options have a one-year vesting period such that 100% of this option grant will vest on February 1, 2015.

F2: These restricted shares have a one-year vesting period such that 100% of this restricted share grant will vest on February 1, 2015.

F3: These options became fully vested on February 1, 2014.

F4: These options became fully vested on February 1, 2013.

F5: These options became fully vested on February 1, 2012.

F6: These options became fully vested on February 1, 2011.

F7: These options became fully vested on October 1, 2012.

F8: These options became fully vested on September 21, 2010.