LIQUIDITY SERVICES INC — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2016-12-22

Reporting Person: Sweeney Michael E (VP & Chief Accounting Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-22	Employee Stock Grant	$9.75	A	13400	Acquired	2028-01-01	Common Stock (13400)	Direct
2016-12-22	Employee Stock Grant	$9.75	A	6600	Acquired	2028-01-01	Common Stock (6600)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Grant	$5.53	2026-04-01	Common Stock (14000)	14000	Direct

Footnotes

F1: Twenty-five percent of this restricted stock grant will vest on April 1, 2017 and thereafter 1/4 of the restricted stock grant will vest on April 1 of each year for three years.

F2: Twenty-five percent of this restricted stock grant will vest on January 1, 2018 and thereafter 1/4 of the restricted stock grant will vest on January 1 of each year for three years.

F3: These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.