LIQUIDITY SERVICES INC — Director's Dealing 2021

Feb 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2021-02-01

Reporting Person: ELLIS GEORGE H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-01	Common Stock	M	18797	—	Acquired	48491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-01	Restricted Stock Grant	$	M	18797	Disposed	2021-02-01	Common Stock (18797.0)	Direct
2021-02-01	Restricted Stock Grant	$	A	4655	Acquired	2022-02-01	Common Stock (4655.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1160	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$42.31	2022-02-01	Common Stock (5328.0)	5328	Direct
Stock Option	$40.11	2023-02-01	Common Stock (5954.0)	5954	Direct
Stock Option	$21.53	2024-02-01	Common Stock (13144.0)	13144	Direct
Stock Option	$9.84	2025-02-01	Common Stock (19050.0)	19050	Direct
Stock Option	$6.29	2026-02-01	Common Stock (44192.0)	44192	Direct
Stock Option	$9.75	2027-02-01	Common Stock (10684.0)	10684	Direct

Footnotes

F1: Represents the vesting of restricted stock units.

F2: George H. Ellis Individual Retirement Account with Northern Trust Company as Trustee.

F3: Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.

F4: These restricted stock units fully vested on February 1, 2021.

F5: These restricted stock units vest on February 1, 2022.