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4//SEC Filing

Murray Novelette 4

Accession 0001825422-25-000005

CIK 0001235468other
View on SEC.govCompany Profile

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 5:03 PM ET

Size

42.5 KB

Accession

0001825422-25-000005

Insider Transaction Report

Form 4
Period: 2025-12-01
LIQUIDITY SERVICES INCLQDT
Murray Novelette
Chief Human Resources Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2025-12-01+686→ 25,858 total
  • Other

    Common Stock

    2025-12-01$29.99/sh−686$20,573→ 25,172 total
  • Exercise/Conversion

    Common Stock

    2025-12-01+1,418→ 26,590 total
  • Other

    Common Stock

    2025-12-01$29.99/sh−1,418$42,526→ 25,172 total
  • Exercise/Conversion

    Restricted Stock Unit Grant

    2025-12-01−1,036→ 4,142 total
    Exp: 2026-01-01→ Common Stock (5,178 underlying)
  • Exercise/Conversion

    Restricted Stock Unit Grant

    2025-12-01−2,142→ 5,355 total
    Exp: 2027-01-01→ Common Stock (7,497 underlying)
Holdings

  • Restricted Stock Unit Grant

    Exp: 2026-01-01→ Common Stock (1,745 underlying)
    1,745

  • Restricted Stock Unit Grant

    Exp: 2027-01-01→ Common Stock (5,177 underlying)
    5,177

  • Restricted Stock Unit Grant

    Exp: 2028-01-01→ Common Stock (8,032 underlying)
    8,032

  • Restricted Stock Unit Grant

    Exp: 2029-01-01→ Common Stock (9,500 underlying)
    9,500

  • Restricted Stock Units

    Exp: 2026-01-01→ Common Stock (4,188 underlying)
    4,188

  • Stock Option Grant

    Exercise: $10.30Exp: 2027-02-02→ Common Stock (1,850 underlying)
    1,850

  • Stock Option Grant

    Exercise: $9.46Exp: 2030-12-01→ Common Stock (7,693 underlying)
    7,693

  • Stock Option Grant

    Exercise: $22.20Exp: 2031-12-07→ Common Stock (6,190 underlying)
    6,190

  • Stock Option Grant

    Exercise: $14.00Exp: 2032-12-23→ Common Stock (5,027 underlying)
    5,027

  • Stock Option Grant

    Exercise: $17.31Exp: 2033-12-22→ Common Stock (8,660 underlying)
    8,660

  • Stock Option Grant

    Exercise: $21.62Exp: 2034-10-30→ Common Stock (8,000 underlying)
    8,000

  • Stock Option Grant

    Exercise: $10.30Exp: 2027-02-02→ Common Stock (1,054 underlying)
    1,054

  • Stock Option Grant

    Exercise: $14.00Exp: 2032-12-23→ Common Stock (8,320 underlying)
    8,320

  • Stock Option Grant

    Exercise: $23.50Exp: 2035-10-29→ Common Stock (10,150 underlying)
    10,150

  • Restricted Stock Unit Grant

    Exp: 2030-01-01→ Common Stock (10,550 underlying)
    10,550
Footnotes (20)
  • [F1]12/48th of this option grant vested on January 1, 2022 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F10]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.
  • [F11]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.
  • [F12]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.
  • [F13]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.
  • [F14]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.
  • [F15]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.
  • [F16]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.
  • [F17]Represents the net issuance of 686 shares from the vesting of 1,036 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units wassatisfied by the issuer withholding 350 shares.
  • [F18]In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes andremaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 686 shares receivedby the reporting person in connection with the vesting of 1,036 restricted stock units.
  • [F19]Represents the net issuance of 1,418 shares from the vesting of 2,142 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units wassatisfied by the issuer withholding 724 shares.
  • [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  • [F20]In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes andremaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,418 shares receivedby the reporting person in connection with the vesting of 2,142 restricted stock units.
  • [F3]These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F4]These options become exercisable, if at all, based on the completion of the Issuer's strategic transformation as well as the Issuer's achievement of certain financial milestones.
  • [F5]15/48th of this option grant vested on January 1, 2018 and thereafter, an additional 1/48th vests each month for thirty-three months.
  • [F6]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F7]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.
  • [F8]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.
  • [F9]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.

Documents

1 file

Issuer

LIQUIDITY SERVICES INC

CIK 0001235468

→
Entity typeother

Related Parties

1
  • filerCIK 0001825422

Filing Metadata

Form type
4
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 5:03 PM ET
Size
42.5 KB
View on SEC.gov