LIQUIDITY SERVICES INC — Director's Dealing 2024

Dec 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIQUIDITY SERVICES INC (LQDT)
CIK: 0001235468
Period of Report: 2024-12-16

Reporting Person: Angrick William P III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-16	Common Stock	S	100000	$33.3	Disposed	5101557	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	873379	Indirect
Common Stock	575513	Indirect
Common Stock	114699	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit Grant	$	2025-01-01	Common Stock (5925)	5925	Direct
Stock Option Grant	$7.29	2025-12-22	Common Stock (56193)	56193	Direct
Restricted Stock Unit Grant	$	2026-01-01	Common Stock (31400)	31400	Direct
Restricted Stock Unit Grant	$	2026-01-01	Common Stock (62800)	62800	Direct
Restricted Stock Unit Grant	$	2026-01-01	Common Stock (68320)	68320	Direct
Restricted Stock Unit Grant	$	2027-01-01	Common Stock (51240)	51240	Direct
Restricted Stock Unit Grant	$	2027-01-01	Common Stock (61635)	61635	Direct
Stock Option Grant	$9.13	2027-03-03	Common Stock (38000)	38000	Direct
Stock Option Grant	$9.13	2027-03-03	Common Stock (27360)	27360	Direct
Stock Option Grant	$4.92	2027-12-11	Common Stock (68938)	68938	Direct
Stock Option Grant	$4.92	2027-12-11	Common Stock (48019)	48019	Direct
Restricted Stock Unit Grant	$	2028-01-01	Common Stock (61635)	61635	Direct
Stock Option Grant	$6.72	2028-12-04	Common Stock (124200)	124200	Direct
Stock Option Grant	$6.72	2028-12-04	Common Stock (105247)	105247	Direct
Restricted Stock Unit Grant	$	2029-01-01	Common Stock (63050)	63050	Direct
Restricted Stock Unit Grant	$	2029-01-01	Common Stock (63050)	63050	Direct
Stock Option Grant	$7.36	2029-12-03	Common Stock (139900)	139900	Direct
Stock Option Grant	$7.36	2029-12-03	Common Stock (124401)	124401	Direct
Stock Option Grant	$10.41	2030-12-01	Common Stock (131950)	131950	Direct
Stock Option Grant	$10.41	2030-12-01	Common Stock (131950)	131950	Direct
Stock Option Grant	$24.42	2031-12-07	Common Stock (56615)	56615	Direct
Stock Option Grant	$24.42	2031-12-07	Common Stock (56615)	56615	Direct
Stock Option Grant	$15.4	2032-12-23	Common Stock (53125)	53125	Direct
Stock Option Grant	$15.4	2032-12-23	Common Stock (53125)	53125	Direct
Stock Option Grant	$19.04	2033-12-22	Common Stock (50170)	50170	Direct
Stock Option Grant	$19.04	2033-12-22	Common Stock (50170)	50170	Direct
Stock Option Grant	$23.78	2034-10-30	Common Stock (53550)	53550	Direct
Stock Option Grant	$23.78	2034-10-30	Common Stock (53550)	53550	Direct

Footnotes

F1: These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.

F2: Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.

F3: Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.

F4: These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.

F5: 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.

F6: Twenty-five percent of this restricted stock unit grant vested on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1, 2026.

F7: These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.

F8: Twenty-five percent of this restricted stock unit grant vested on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.

F9: These options became fully exercisable on October 1, 2020.

F10: These options became fully exercisable on October 1, 2021.

F11: Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028.

F12: These options became fully exercisable on October 1, 2022.

F13: 12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.

F14: These options became fully exercisable on January 1, 2024.

F15: These options became fully exercisable on October 1, 2019.

F16: 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.

F17: 12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.

F18: 12/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.

F19: Twenty-five percent of this restricted stock unit grant will vest on January 1, 2026 and thereafter, an additional 1/4th will vest on each of January 1, 2027, January 1, 2028 and January 1, 2029.

F20: These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.