LIQUIDITY SERVICES INC — Director's Dealing 2021

Aug 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2021-08-13

Reporting Person: Rozdilsky Nicholas (Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-13	Common Stock	S	16071	$23.49	Disposed	9797	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$6.95	2022-08-12	Common Stock (1042.0)	1042	Direct
Employee Stock Option	$6.11	2022-08-12	Common Stock (1619.0)	1619	Direct
Employee Stock Option	$6.69	2022-08-12	Common Stock (4366.0)	4366	Direct

Footnotes

F1: Effective August 13, 2021 (the "Departure Date"), Nicholas Rozdilsky (the "Reporting Person") ceased to be an officer of Liquidity Services, Inc. (the "Issuer"). Pursuant to the grant agreements entered into by the Issuer and the Reporting Person, the unvested portion of any grant of restricted stock units or stock options (the "Unvested Grants") held by the Reporting Person on the Departure Date was forfeited and canceled as of the Departure Date. Therefore, the Unvested Grants have been deleted from Table II of this Form 4. The amounts included in Column 7 and Column 9 of Table II of this Form 4 represent stock options held by the Reporting Person that were vested as of the Departure Date (the "Vested Options"). Pursuant to the terms of the Issuer's Third Amended and Restated Omnibus Long-Term Incentive Plan, the Reporting Person may exercise the Vested Options for the twelve-month period following the Departure Date.

F2: These options were vested as of the Departure Date and may be exercised by the reporting person for the twelve-month period following the Departure Date.