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4//SEC Filing

Shaffer Mark A 4

Accession 0001677053-25-000007

CIK 0001235468other
View on SEC.govCompany Profile

Filed

Nov 25, 7:00 PM ET

Accepted

Nov 26, 4:01 PM ET

Size

38.3 KB

Accession

0001677053-25-000007

Insider Transaction Report

Form 4
Period: 2025-11-24
LIQUIDITY SERVICES INCLQDT
Shaffer Mark A
VP, Gen. Counsel & Secretary
Transactions
  • Exercise/Conversion

    Common Stock

    2025-11-24$14.00/sh+1,719$24,066→ 49,390 total(indirect: By Trust)
  • Sale

    Common Stock

    2025-11-24$28.54/sh−1,719$49,060→ 47,671 total(indirect: By Trust)
  • Exercise/Conversion

    Common Stock

    2025-11-24$22.20/sh+1,452$32,234→ 49,123 total(indirect: By Trust)
  • Exercise/Conversion

    Common Stock

    2025-11-24$14.00/sh+1,951$27,314→ 51,074 total(indirect: By Trust)
  • Exercise/Conversion

    Stock Option Grant

    2025-11-24−1,452→ 322 total
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (1,774 underlying)
  • Exercise/Conversion

    Stock Option Grant

    2025-11-24−1,951→ 3,035 total
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (4,986 underlying)
  • Exercise/Conversion

    Stock Option Grant

    2025-11-24−5,203→ 4,162 total
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (9,365 underlying)
Holdings

  • Restricted Stock Unit Grant

    Exp: 2026-01-01→ Common Stock (2,180 underlying)
    2,180

  • Restricted Stock Unit Grant

    Exp: 2027-01-01→ Common Stock (6,475 underlying)
    6,475

  • Restricted Stock Unit Grant

    Exp: 2028-01-01→ Common Stock (10,972 underlying)
    10,972

  • Restricted Stock Unit Grant

    Exp: 2029-01-01→ Common Stock (12,650 underlying)
    12,650

  • Restricted Stock Unit Grant

    Exp: 2030-01-01→ Common Stock (14,250 underlying)
    14,250

  • Restricted Stock Unit Grant

    Exp: 2026-01-01→ Common Stock (5,232 underlying)
    5,232

  • Restricted Stock Unit Grant

    Exp: 2027-01-01→ Common Stock (10,241 underlying)
    10,241

  • Stock Option Grant

    Exercise: $17.31Exp: 2033-12-22→ Common Stock (8,622 underlying)
    8,622

  • Stock Option Grant

    Exercise: $21.62Exp: 2034-10-30→ Common Stock (10,700 underlying)
    10,700

  • Stock Option Grant

    Exercise: $23.52Exp: 2035-10-29→ Common Stock (13,750 underlying)
    13,750

  • Stock Option Grant

    Exercise: $22.20Exp: 2031-12-07→ Common Stock (4,644 underlying)
    4,644

  • Stock Option Grant

    Exercise: $17.31Exp: 2033-12-22→ Common Stock (11,825 underlying)
    11,825
Footnotes (14)
  • [F1]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.
  • [F10]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.
  • [F11]These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F12]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.
  • [F13]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.
  • [F14]The reporting person exercised 5,203 stock options; 3,484 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,719 shares were acquired by the reporting person.
  • [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  • [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, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F5]12/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F6]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.
  • [F7]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.
  • [F8]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
  • [F9]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.

Documents

1 file

Issuer

LIQUIDITY SERVICES INC

CIK 0001235468

→
Entity typeother

Related Parties

1
  • filerCIK 0001677053

Filing Metadata

Form type
4
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 4:01 PM ET
Size
38.3 KB
View on SEC.gov