Dean Eric C. 4
4 · LIQUIDITY SERVICES INC · Filed Dec 13, 2011
Insider Transaction Report
Form 4
Dean Eric C.
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2011-12-09$13.56/sh+25,000$339,000→ 25,000 total - Sale
Common Stock
2011-12-09$37.19/sh−25,000$929,750→ 0 total - Sale
Common Stock
2011-12-12$36.17/sh−25,000$904,250→ 0 total - Exercise/Conversion
Employee Stock Option
2011-12-09$13.56/sh−25,000$339,000→ 225,000 totalExercise: $13.56Exp: 2017-10-15→ Common Stock (250,000 underlying) - Exercise/Conversion
Employee Stock Option
2011-12-12$13.56/sh−25,000$339,000→ 200,000 totalExercise: $13.56Exp: 2017-10-15→ Common Stock (225,000 underlying) - Exercise/Conversion
Common Stock
2011-12-12$13.56/sh+25,000$339,000→ 25,000 total
Holdings
- 44,006
Employee Stock Option
Exercise: $7.48Exp: 2018-10-01→ Common Stock (44,006 underlying) - 7,569
Employee Stock Grant
Exercise: $15.47Exp: 2020-10-01→ Common Stock (7,569 underlying) - 14,911
Employee Stock Option
Exercise: $15.47Exp: 2020-10-01→ Common Stock (14,911 underlying) - 15,000
Employee Stock Option
Exercise: $15.47Exp: 2020-10-01→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Twenty-five percent of this restricted stock grant vested on October 1, 2011 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
- [F2]Twenty-five percent of this option grant vested on October 1, 2011 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- [F3]These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- [F4]Twenty percent of this option grant vested on October 1, 2009 and thereafter 1/60th of the option grant will vest each month for forty-eight months.
- [F5]Twenty-five percent of this option grant vested on 10/15/2008, and thereafter, 1/48th of the option grant will vest each month for thirty-six months.