0000950170-24-101199.txt : 20240827 0000950170-24-101199.hdr.sgml : 20240827 20240827204241 ACCESSION NUMBER: 0000950170-24-101199 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240823 FILED AS OF DATE: 20240827 DATE AS OF CHANGE: 20240827 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Weiskircher Steven CENTRAL INDEX KEY: 0001782925 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51813 FILM NUMBER: 241250733 MAIL ADDRESS: STREET 1: 6931 ARLINGTON ROAD STREET 2: SUITE 200 CITY: BETHESDA STATE: MD ZIP: 20814 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LIQUIDITY SERVICES INC CENTRAL INDEX KEY: 0001235468 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 522209244 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 6931 ARLINGTON ROAD STREET 2: SUITE 200 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 2024676868 MAIL ADDRESS: STREET 1: 6931 ARLINGTON ROAD STREET 2: SUITE 200 CITY: BETHESDA STATE: MD ZIP: 20814 4 1 ownership.xml 4 X0508 4 2024-08-23 0001235468 LIQUIDITY SERVICES INC LQDT 0001782925 Weiskircher Steven C/O LIQUIDITY SERVICES, INC. 6931 ARLINGTON ROAD SUITE 200 BETHESDA MD 20814 false true false false SVP & Chief Technology Officer false Common Stock 2024-08-23 4 S false 20045 21.80 D 80097 D Restricted Stock Unit Grant 2025-01-01 Common Stock 2175 2175 D Stock Option Grant 9.46 2030-12-01 Common Stock 581 581 D Stock Option Grant 22.2 2031-12-07 Common Stock 12380 12380 D Stock Option Grant 22.2 2031-12-07 Common Stock 12380 12380 D Restricted Stock Unit Grant 2026-01-01 Common Stock 13960 13960 D Restricted Stock Unit Grant 2026-01-01 Common Stock 6980 6980 D Restricted Stock Unit Grant 2026-01-01 Common Stock 13980 13980 D Resticted Stock Unit 2027-01-01 Common Stock 10485 10485 D Stock Option Grant 14 2032-12-23 Common Stock 11230 11230 D Stock Option Grant 14 2032-12-23 Common Stock 11230 11230 D Resticted Stock Unit Grant 2028-01-01 Common Stock 17850 17850 D Restricted Stock Unit Grant 2027-01-01 Common Stock 17850 17850 D Stock Option Grant 17.31 2033-12-22 Common Stock 14430 14430 D Stock Option Grant 17.31 2033-12-22 Common Stock 14430 14430 D Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months. 12/48th of this option grant will vest on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months. These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. Twenty-five percent of this restricted stock unit grant will vest on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1, 2026. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones. Twenty-five percent of this grant will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027. 12/48th of these options will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months. Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028 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. /s/ Mark A. Shaffer, by power of attorney 2024-08-27