Murray Novelette 4

Accession 0001825422-26-000002

CIK 0001235468other

View on SEC.gov Company Profile

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 4:05 PM ET

Size

51.3 KB

Accession

0001825422-26-000002

Insider Transaction Report

Form 4

Period: 2026-01-01

LIQUIDITY SERVICES INCLQDT

Murray Novelette

Chief Human Resources Officer

Transactions

Exercise/Conversion
Common Stock
2026-01-01+1,100→ 26,272 total
Other
Common Stock
2026-01-02$29.74/sh−1,100$32,714→ 25,172 total
Exercise/Conversion
Common Stock
2026-01-01+1,632→ 26,804 total
Other
Common Stock
2026-01-02$29.74/sh−1,632$48,536→ 25,172 total
Exercise/Conversion
Common Stock
2026-01-01+1,688→ 26,860 total
Other
Common Stock
2026-01-02$29.74/sh−1,688$50,201→ 25,172 total
Exercise/Conversion
Common Stock
2026-01-01+1,498→ 26,670 total
Other
Common Stock
2026-01-02$29.74/sh−1,498$44,551→ 25,172 total
Exercise/Conversion
Restricted Stock Unit Grant
2026-01-01−1,745→ 0 total
Exp: 2026-01-01→ Common Stock (1,745 underlying)
Exercise/Conversion
Restricted Stock Unit Grant
2026-01-01−2,588→ 2,589 total
Exp: 2027-01-01→ Common Stock (5,177 underlying)
Exercise/Conversion
Restricted Stock Unit Grant
2026-01-01−2,677→ 5,355 total
Exp: 2028-01-01→ Common Stock (8,032 underlying)
Exercise/Conversion
Restricted Stock Unit Grant
2026-01-01−2,375→ 7,125 total
Exp: 2029-01-01→ Common Stock (9,500 underlying)

Holdings

Restricted Stock Unit Grant
Exp: 2030-01-01→ Common Stock (10,550 underlying)
10,550
Restricted Stock Units
Exp: 2026-01-01→ Common Stock (4,188 underlying)
4,188
Restricted Stock Unit Grant
Exp: 2026-01-01→ Common Stock (4,142 underlying)
4,142
Restricted Stock Unit Grant
Exp: 2027-01-01→ Common Stock (5,355 underlying)
5,355
Restricted Stock Unit Grant
Exp: 2029-01-01→ Common Stock (9,500 underlying)
9,500
Restricted Stock Unit Grant
Exp: 2030-01-01→ Common Stock (10,550 underlying)
10,550
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: $23.50Exp: 2035-10-29→ Common Stock (10,150 underlying)
10,150
Stock Option Grant
Exercise: $10.30Exp: 2027-02-02→ Common Stock (1,054 underlying)
1,054
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 (8,320 underlying)
8,320
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: $23.50Exp: 2035-10-29→ Common Stock (10,150 underlying)
10,150

Footnotes (24)

[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 1,100 shares from the vesting of 1,745 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 645 shares.
[F18]Represents the net issuance of 1,632 shares from the vesting of 2,588 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 956 shares.
[F19]Represents the net issuance of 1,688 shares from the vesting of 2,677 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 989 shares.
[F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
[F20]Represents the net issuance of 1,498 shares from the vesting of 2,375 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 877 shares.
[F21]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 and remaining 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 1,100 shares received by the reporting person in connection with the vesting of 1,745 restricted stock units.
[F22]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 and remaining 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 1,632 shares received by the reporting person in connection with the vesting of 2,588 restricted stock units.
[F23]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 and remaining 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 1,688 shares received by the reporting person in connection with the vesting of 2,677 restricted stock units.
[F24]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 and remaining 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 1,498 shares received by the reporting person in connection with the vesting of 2,375 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

4
ownership.xmlPrimary
4

Issuer

LIQUIDITY SERVICES INC

CIK 0001235468

→

Entity typeother

Related Parties

filerCIK 0001825422

Filing Metadata

Form type: 4
Filed: Jan 4, 7:00 PM ET
Accepted: Jan 5, 4:05 PM ET
Size: 51.3 KB

View on SEC.gov