LIQUIDITY SERVICES INC - Director's Dealing 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2017-02-01

Reporting Person: CLOUGH PHILLIP A (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-01	Common Stock	J	12082	$9.75	Acquired	40117	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-01	Restricted Stock Grant	$6.29	J	12082	Disposed	2026-02-01	Common Stock (12082)	Direct
2017-02-01	Employee Stock Option	$9.75	A	3561	Acquired	2027-02-01	Common Stock (3561)	Direct
2017-02-01	Restricted Stock Grant	$9.75	A	7795	Acquired	2027-02-01	Common Stock (7795)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$11.66	2018-06-03	Common Stock (15082)	15082	Direct
Employee Stock Option	$42.31	2022-02-01	Common Stock (5328)	5328	Direct
Employee Stock Option	$40.11	2023-02-01	Common Stock (5954)	5954	Direct
Employee Stock Option	$21.53	2024-02-01	Common Stock (13144)	13144	Direct
Employee Stock Option	$9.84	2025-02-01	Common Stock (19050)	19050	Direct
Employee Stock Option	$6.29	2026-02-01	Common Stock (14730)	14730	Direct

F1: These options became fully vested on April 29, 2009.

F2: These options became fully vested on February 1, 2013.

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

F4: These options became fully vested on February 1, 2015.

F5: These options became fully vested on February 1, 2016.

F6: These options became fully vested on February 1, 2017.

F7: These restricted shares became fully vested on February 1, 2017.

F8: These options have a one-year vesting period such that 100% of this option grant will vest on February 1, 2018.

F9: These restricted shares have a one-year vesting period such that 100% of this restricted share grant will vest on February 1, 2018.

F10: Represents the vesting of restricted stock