Home/Filings/4/0001179110-12-009515
4//SEC Filing

Burton Thomas B 4

Accession 0001179110-12-009515

CIK 0001235468other

Filed

Jun 3, 8:00 PM ET

Accepted

Jun 4, 4:59 PM ET

Size

14.3 KB

Accession

0001179110-12-009515

Insider Transaction Report

Form 4
Period: 2012-05-31
Burton Thomas B
Pres, COO, Gov't Liquid LLC
Transactions
  • Sale

    Common Stock

    2012-05-31$63.75/sh10,000$637,5000 total
Holdings
  • Employee Stock Option

    Exercise: $7.48Exp: 2018-10-01Common Stock (44,003 underlying)
    44,003
  • Employee Stock Option

    Exercise: $10.93Exp: 2017-10-01Common Stock (17,999 underlying)
    17,999
  • Employee Stock Grant

    Exercise: $31.11Exp: 2021-10-01Common Stock (7,111 underlying)
    7,111
  • Employee Stock Grant

    Exercise: $15.47Exp: 2020-10-01Common Stock (6,374 underlying)
    6,374
  • Employee Stock Option

    Exercise: $31.11Exp: 2021-10-01Common Stock (11,801 underlying)
    11,801
  • Employee Stock Option

    Exercise: $15.47Exp: 2020-10-01Common Stock (12,556 underlying)
    12,556
  • Employee Stock Grant

    Exercise: $15.47Exp: 2020-10-01Common Stock (15,603 underlying)
    15,603
Footnotes (7)
  • [F1]Twenty-five percent of this restricted stock grant will vest on October 1, 2012 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 will vest on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
  • [F3]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.
  • [F4]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.
  • [F5]These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F6]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.
  • [F7]Twenty-five percent of this option grant vested on October 1, 2008, with the remaining options vesting at 2.083% per month thereafter on the first day of each month for the next 36 months.

Issuer

LIQUIDITY SERVICES INC

CIK 0001235468

Entity typeother

Related Parties

1
  • filerCIK 0001352735

Filing Metadata

Form type
4
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 4:59 PM ET
Size
14.3 KB