4//SEC Filing
CLOUGH PHILLIP A 4
Accession 0001235468-21-000131
CIK 0001235468other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 5:23 PM ET
Size
19.5 KB
Accession
0001235468-21-000131
Insider Transaction Report
Form 4
CLOUGH PHILLIP A
Director
Transactions
- Exercise/Conversion
Common Stock
2021-08-02$6.29/sh+14,730$92,652→ 87,997 total - Exercise/Conversion
Stock Option
2021-08-02−14,730→ 0 totalExercise: $6.29From: 2017-02-01Exp: 2026-02-01→ Common Stock (14,730 underlying)
Holdings
- 13,144
Stock Option
Exercise: $21.53From: 2015-02-01Exp: 2024-02-01→ Common Stock (13,144 underlying) - 19,050
Stock Option
Exercise: $9.84From: 2016-02-01Exp: 2025-02-01→ Common Stock (19,050 underlying) - 11,816
Stock Option
Exercise: $8.50From: 2020-02-01Exp: 2029-02-01→ Common Stock (11,816 underlying) - 3,724
Restricted Stock Grant
Exp: 2022-02-01→ Common Stock (3,724 underlying) - 5,954
Stock Option
Exercise: $40.11From: 2014-02-01Exp: 2023-02-01→ Common Stock (5,954 underlying) - 15,344
Stock Option
Exercise: $6.50From: 2019-02-01Exp: 2028-02-01→ Common Stock (15,344 underlying) - 6,980
Stock Option
Exercise: $5.32From: 2021-02-01Exp: 2030-02-01→ Common Stock (6,980 underlying) - 1,622
Stock Option
Exercise: $21.48From: 2022-02-01Exp: 2031-02-01→ Common Stock (1,622 underlying) - 5,328
Stock Option
Exercise: $42.31From: 2013-02-01Exp: 2022-02-01→ Common Stock (5,328 underlying) - 3,561
Stock Option
Exercise: $9.75From: 2018-02-01Exp: 2027-02-01→ Common Stock (3,561 underlying)
Footnotes (3)
- [F1]This transaction reflects an exercise of stock options granted to the reporting person as compensation pursuant to the issuer's Third Amended and Restated 2006 Omnibus Long-Term Incentive Plan and the Stock Option Agreement, dated February 1, 2016, by and between the issuer and the reporting person. As a result of this exercise of stock options, the reporting person acquired 14,730 shares of common stock directly from the issuer for a purchase price of $92,651.70. No shares were sold by the reporting person. This acquisition of 14,730 shares of common stock represents an exempt transaction under SEC Rule 16b-3.
- [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- [F3]These restricted stock units vest on February 1, 2022.
Documents
Issuer
LIQUIDITY SERVICES INC
CIK 0001235468
Entity typeother
Related Parties
1- filerCIK 0001207712
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 5:23 PM ET
- Size
- 19.5 KB