4//SEC Filing
Rozdilsky Nicholas 4
Accession 0001235468-21-000077
CIK 0001235468other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:42 PM ET
Size
21.5 KB
Accession
0001235468-21-000077
Insider Transaction Report
Form 4
Rozdilsky Nicholas
Vice President, Marketing
Transactions
- Sale
Common Stock
2021-02-12$17.20/sh−2,515$43,258→ 24,926 total
Holdings
- 18,750
Restricted Stock Grant
Exp: 2022-08-01→ Common Stock (18,750 underlying) - 25,000
Employee Stock Option
Exercise: $6.95Exp: 2028-08-01→ Common Stock (25,000 underlying) - 2,100
Employee Stock Grant
Exp: 2023-01-01→ Common Stock (2,100 underlying) - 16,103
Employee Stock Option
Exercise: $6.11Exp: 2028-12-04→ Common Stock (16,103 underlying) - 25,900
Employee Stock Option
Exercise: $6.11Exp: 2028-12-04→ Common Stock (25,900 underlying) - 9,187
Employee Stock Grant
Exp: 2024-01-01→ Common Stock (9,187 underlying) - 29,200
Employee Stock Option
Exercise: $6.69Exp: 2029-12-03→ Common Stock (29,200 underlying) - 29,200
Employee Stock Option
Exercise: $6.69Exp: 2029-12-03→ Common Stock (29,200 underlying) - 38,800
Employee Stock Option
Exercise: $9.46Exp: 2030-12-01→ Common Stock (38,800 underlying) - 38,800
Employee Stock Option
Exercise: $9.46Exp: 2030-12-01→ Common Stock (38,800 underlying) - 7,000
Employee Stock Grant
Exp: 2025-01-01→ Common Stock (7,000 underlying) - 7,000
Employee Stock Grant
Exp: 2025-01-01→ Common Stock (7,000 underlying)
Footnotes (12)
- [F1]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- [F10]12/48th of this option grant will vest on January 1, 2022 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- [F11]These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
- [F12]Twenty-five percent of this restricted stock unit grant will vest 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.
- [F2]Twenty-five percent of this restricted stock grant vested on August 1, 2019 and thereafter, an additional 1/4th will vest on each of August 1, 2020, August 1, 2021, and August 1, 2022.
- [F3]Twenty-five percent of this option grant vested on August 1, 2019 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- [F4]Twenty-five percent of this restricted stock unit grant vested on January 1, 2020 and thereafter, an additional 1/4th vests on each of January 1, 2021, January 1, 2022, and January 1, 2023.
- [F5]This option becomes exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a the issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock.
- [F6]15/48th of this option grant will vest on January 1, 2020 and thereafter, an additional 1/48th will vest each month for thirty-three months.
- [F7]Twenty-five percent of this restricted stock grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024.
- [F8]12/48th of this option grant vested on January 1, 2021 and, thereafter, an additional 1/48th vests each month for thirty-six months.
- [F9]This option becomes exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
Documents
Issuer
LIQUIDITY SERVICES INC
CIK 0001235468
Entity typeother
Related Parties
1- filerCIK 0001774016
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 4:42 PM ET
- Size
- 21.5 KB