4//SEC Filing
LIQUIDITY SERVICES INC 4
Accession 0001179110-16-031177
$LQDTCIK 0001235468operating
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 6:03 PM ET
Size
26.4 KB
Accession
0001179110-16-031177
Insider Transaction Report
Form 4
Dudley Gardner H
Pres, Capital Assets Group
Transactions
- Sale
Common Stock
2016-11-01$8.56/sh−2,307$19,748→ 24,098 total - Other
Employee Stock Grant
2016-11-01$8.56/sh−5,527$47,311→ 5,527 totalExercise: $13.57Exp: 2024-05-14→ Common Stock (11,054 underlying) - Other
Common Stock
2016-11-01$8.56/sh+5,527$47,311→ 26,405 total
Holdings
- 3,188
Employee Stock Option
Exercise: $13.35Exp: 2020-06-16→ Common Stock (3,188 underlying) - 3,519
Employee Stock Option
Exercise: $21.99Exp: 2023-11-27→ Common Stock (3,519 underlying) - 12,500
Employee Stock Grant
Exercise: $12.57Exp: 2024-10-27→ Common Stock (12,500 underlying) - 7,338
Employee Stock Option
Exercise: $10.41Exp: 2024-10-01→ Common Stock (7,338 underlying) - 15,386
Employee Stock Grant
Exercise: $6.63Exp: 2025-10-01→ Common Stock (15,386 underlying) - 5,129
Employee Stock Grant
Exercise: $5.11Exp: 2025-10-01→ Common Stock (5,129 underlying) - 11,245
Employee Stock Option
Exercise: $6.63Exp: 2025-10-01→ Common Stock (11,245 underlying) - 2,811
Employee Stock Option
Exercise: $6.63Exp: 2025-10-01→ Common Stock (2,811 underlying) - 2,211
Employee Stock Grant
Exercise: $15.47Exp: 2020-11-30→ Common Stock (2,211 underlying) - 416
Employee Stock Grant
Exercise: $21.99Exp: 2023-11-27→ Common Stock (416 underlying) - 1,661
Employee Stock Grant
Exercise: $21.99Exp: 2023-11-27→ Common Stock (1,661 underlying) - 3,519
Employee Stock Option
Exercise: $21.99Exp: 2023-11-27→ Common Stock (3,519 underlying) - 24,291
Employee Stock Grant
Exercise: $10.41Exp: 2024-10-01→ Common Stock (24,291 underlying)
Footnotes (16)
- [F1]These options became fully vested on June 1, 2014.
- [F10]Twenty-five percent of this option grant vested on October 1, 2015 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- [F11]Twenty-five percent of this restricted stock grant vested on October 1, 2016 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
- [F12]These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- [F13]Twenty-five percent of this option grant vested on October 1, 2016 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- [F14]This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- [F15]Represents the vesting of restricted stock
- [F16]Represents reporting person's advance election to sell to cover tax obligations upon vesting such restricted shares
- [F2]These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- [F3]Twenty-five percent of this restricted stock grant vested on October 1, 2014 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
- [F4]These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- [F5]Twenty-five percent of this option grant vested on October 1, 2014 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
- [F6]This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- [F7]Fifty percent of this restricted stock grant vested on November 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on November 1 of each year for two years.
- [F8]Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
- [F9]Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/8th of the restricted stock grant will vest on April 1 and October 1 of each year for three years.
Documents
Issuer
LIQUIDITY SERVICES INC
CIK 0001235468
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001235468
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 6:03 PM ET
- Size
- 26.4 KB