0000950170-24-106442.txt : 20240913 0000950170-24-106442.hdr.sgml : 20240913 20240913170654 ACCESSION NUMBER: 0000950170-24-106442 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240912 FILED AS OF DATE: 20240913 DATE AS OF CHANGE: 20240913 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Celaya Jorge CENTRAL INDEX KEY: 0001406206 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51813 FILM NUMBER: 241298526 MAIL ADDRESS: STREET 1: 1920 L STREET NW STREET 2: 6TH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20036 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 2024-09-12 0001235468 LIQUIDITY SERVICES INC LQDT 0001406206 Celaya Jorge C/O LIQUIDITY SERVICES, INC. 6931 ARLINGTON ROAD, SUITE 200 BETHESDA MD 20814 false true false false EVP & Chief Financial Officer false Common Stock 2024-09-12 4 S false 10000 22.03 D 52407 D Common Stock 2024-09-13 4 S false 2259 22.49 D 50148 D Stock Option Grant 6.69 2029-12-03 Common Stock 13770 13770 D Stock Option Grant 9.46 2030-12-01 Common Stock 55050 55050 D Stock Option Grant 9.46 2030-12-01 Common Stock 55050 55050 D Stock Option Grant 22.2 2031-12-07 Common Stock 7740 7740 D Stock Option Grant 22.2 2031-12-07 Common Stock 7740 7740 D Stock Option Grant 14 2032-12-23 Common Stock 16640 16640 D Stock Option Grant 14 2032-12-23 Common Stock 16640 16640 D Stock Option Grant 17.31 2033-12-22 Common Stock 21640 21640 D Stock Option Grant 17.31 2033-12-22 Common Stock 21640 21640 D Restricted Stock Unit Grant 2025-01-01 Common Stock 2487 2487 D Restricted Stock Unit Grant 2026-01-01 Common Stock 4975 4975 D Restricted Stock Unit Grant 2026-01-01 Common Stock 8720 8720 D Restricted Stock Unit Grant 2027-01-01 Common Stock 15532 15532 D Restricted Stock Unit Grant 2026-01-01 Common Stock 20710 20710 D Restricted Stock Unit Grant 2028-01-01 Common Stock 26775 26775 D Restricted Stock Unit Grant 2027-01-01 Common Stock 26775 26775 D 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. 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months. 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, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months. 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. 12/48th will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months. 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 restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. 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. Twenty-five percent of this restricted stock unit grant vested 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. Twenty-five percent of this restricted stock unit grant vested on January 1, 2024 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028. /s/ Mark A. Shaffer, by power of attorney 2024-09-13