Home/Filings/4/0001352618-25-000007
4//SEC Filing

Angrick William P III 4

Accession 0001352618-25-000007

CIK 0001235468other

Filed

Nov 20, 7:00 PM ET

Accepted

Nov 21, 5:23 PM ET

Size

50.3 KB

Accession

0001352618-25-000007

Insider Transaction Report

Form 4
Period: 2025-11-19
Angrick William P III
DirectorChairman of the Board and CEO10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2025-11-19$10.41/sh+11,258$117,1965,075,649 total(indirect: By Trust)
  • Exercise/Conversion

    Stock Option Grant

    2025-11-1956,1930 total
    Exercise: $7.29Exp: 2025-12-22Common Stock (56,193 underlying)
  • Exercise/Conversion

    Stock Option Grant

    2025-11-1911,258120,692 total
    Exercise: $10.41Exp: 2030-12-01Common Stock (131,950 underlying)
  • Exercise/Conversion

    Common Stock

    2025-11-19$7.29/sh+56,193$409,6475,131,842 total(indirect: By Trust)
Holdings
  • Restricted Stock Unit Grant

    Exp: 2026-01-01Common Stock (34,160 underlying)
    34,160
  • Stock Option Grant

    Exercise: $25.87Exp: 2035-10-29Common Stock (71,550 underlying)
    71,550
  • Stock Option Grant

    Exercise: $25.87Exp: 2035-10-29Common Stock (71,550 underlying)
    71,550
  • Common Stock

    (indirect: By Trust)
    873,379
  • Common Stock

    (indirect: By Trust)
    114,699
  • Restricted Stock Unit Grant

    Exp: 2030-01-01Common Stock (80,550 underlying)
    80,550
  • Stock Option Grant

    Exercise: $9.13Exp: 2027-03-03Common Stock (38,000 underlying)
    38,000
  • Stock Option Grant

    Exercise: $9.13Exp: 2027-03-03Common Stock (27,360 underlying)
    27,360
  • Stock Option Grant

    Exercise: $6.72Exp: 2028-12-04Common Stock (124,200 underlying)
    124,200
  • Stock Option Grant

    Exercise: $6.72Exp: 2028-12-04Common Stock (105,247 underlying)
    105,247
  • Stock Option Grant

    Exercise: $7.36Exp: 2029-12-03Common Stock (124,401 underlying)
    124,401
  • Stock Option Grant

    Exercise: $24.42Exp: 2031-12-07Common Stock (56,615 underlying)
    56,615
  • Stock Option Grant

    Exercise: $15.40Exp: 2032-12-23Common Stock (53,125 underlying)
    53,125
  • Stock Option Grant

    Exercise: $19.04Exp: 2033-12-22Common Stock (50,170 underlying)
    50,170
  • Restricted Stock Unit Grant

    Exp: 2030-01-01Common Stock (80,550 underlying)
    80,550
  • Restricted Stock Unit Grant

    Exp: 2027-01-01Common Stock (34,160 underlying)
    34,160
  • Restricted Stock Unit Grant

    Exp: 2027-01-01Common Stock (43,145 underlying)
    43,145
  • Stock Option Grant

    Exercise: $23.78Exp: 2034-10-30Common Stock (53,550 underlying)
    53,550
  • Stock Option Grant

    Exercise: $7.36Exp: 2029-12-03Common Stock (139,900 underlying)
    139,900
  • Stock Option Grant

    Exercise: $10.41Exp: 2030-12-01Common Stock (131,950 underlying)
    131,950
  • Stock Option Grant

    Exercise: $24.42Exp: 2031-12-07Common Stock (56,615 underlying)
    56,615
  • Stock Option Grant

    Exercise: $19.04Exp: 2033-12-22Common Stock (50,170 underlying)
    50,170
  • Restricted Stock Unit Grant

    Exp: 2028-01-01Common Stock (46,226 underlying)
    46,226
  • Restricted Stock Unit Grant

    Exp: 2029-01-01Common Stock (63,050 underlying)
    63,050
  • Common Stock

    (indirect: By Trust)
    575,513
  • Restricted Stock Unit Grant

    Exp: 2026-01-01Common Stock (15,700 underlying)
    15,700
  • Restricted Stock Unit Grant

    Exp: 2026-01-01Common Stock (37,680 underlying)
    37,680
  • Restricted Stock Unit Grant

    Exp: 2029-01-01Common Stock (63,050 underlying)
    63,050
  • Stock Option Grant

    Exercise: $4.92Exp: 2027-12-11Common Stock (68,938 underlying)
    68,938
  • Stock Option Grant

    Exercise: $15.40Exp: 2032-12-23Common Stock (53,125 underlying)
    53,125
  • Stock Option Grant

    Exercise: $23.78Exp: 2034-10-30Common Stock (53,550 underlying)
    53,550
Footnotes (22)
  • [F1]These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
  • [F10]These options became fully exercisable on January 1, 2024.
  • [F11]12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F12]12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F13]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
  • [F14]These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
  • [F15]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026.
  • [F16]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
  • [F17]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
  • [F18]12/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F19]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030.
  • [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  • [F20]Represents the exercise of stock options.
  • [F21]These options became fully exercisable on October 1, 2019.
  • [F22]These options became fully exercisable on January 1, 2025.
  • [F3]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F4]12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F5]These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F6]These options became fully exercisable on October 1, 2020.
  • [F7]These options became fully exercisable on October 1, 2021.
  • [F8]These options became fully exercisable on October 1, 2022.
  • [F9]12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.

Documents

1 file

Issuer

LIQUIDITY SERVICES INC

CIK 0001235468

Entity typeother

Related Parties

1
  • filerCIK 0001352618

Filing Metadata

Form type
4
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 5:23 PM ET
Size
50.3 KB