Form 4 for LQDT LIQUIDITY SERVICES INC
Accepted 2023-05-26 00:00:00 ET · period of report 2023-05-25 · accession 0001209191-23-032574 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-05-26 | 2023-05-25+ | LQDT | Daunt John | EVP, CCO | S - Sale+OE | $15.10 | -27.7K | 53.1K | -34% | -$418.6K |
| DMI | 2023-05-26 | 2023-05-25+ | LQDT | Daunt John | EVP, CCO | M - OptEx | $8.35 | +27.7K | 70.4K | +65% | +$231.5K |
| DM | 2023-05-26 | 2023-05-25+ | LQDT | Daunt John | EVP, CCO | M - OptEx | $0.00 | -86.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-25 | S | D | 17,308 | $15.11 | 53,074 | I By The Daunt Family Trust | — | — | |
| 2 | Common | Common Stock | 2023-05-26 | M | A | 1,895 | $6.58 | 54.97 | I By The Daunt Family Trust | — | — | |
| 3 | Common | Common Stock | 2023-05-26 | S | D | 1,895 | $15.02 | 53,074 | I By The Daunt Family Trust | — | — | |
| 4 | Common | Common Stock | 2023-05-25 | S | D | 2,147 | $15.11 | 53,074 | I By The Daunt Family Trust | — | — | |
| 5 | Common | Common Stock | 2023-05-25 | M | A | 2,147 | $6.69 | 55,221 | I By The Daunt Family Trust | — | — | |
| 6 | Common | Common Stock | 2023-05-25 | S | D | 4,305 | $15.11 | 53,074 | I By The Daunt Family Trust | — | — | |
| 7 | Common | Common Stock | 2023-05-25 | M | A | 4,305 | $6.58 | 57,379 | I By The Daunt Family Trust | — | — | |
| 8 | Common | Common Stock | 2023-05-25 | S | D | 2,062 | $15.11 | 53,074 | I By The Daunt Family Trust | — | — | |
| 9 | Common | Common Stock | 2023-05-25 | M | A | 2,062 | $6.11 | 55,136 | I By The Daunt Family Trust | — | — | |
| 10 | Common | Common Stock | 2023-05-25 | M | A | 17,308 | $9.46 | 70,382 | I By The Daunt Family Trust | — | — | |
| 11 | Derivative | Stock Option Grant | 2023-05-25 | M | D | 5,280 | $0.00 | 15,829 | D | $6.69 · — to 2029-12-03 | 21,109 Common Stock | (F12) 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months. |
| 12 | Derivative | Stock Option Grant | 2023-05-26 | M | D | 4,584 | $0.00 | 7,083 | D | $6.58 · — to 2019-04-29 | 11,667 Common Stock | (F11) 12/48th of this option grant vested on May 1, 2020 and thereafter, 1/48th will vest each month for thirty-six months. |
| 13 | Derivative | Stock Option Grant | 2023-05-25 | M | D | 10,458 | $0.00 | 0 | D | $6.58 · — to 2029-04-29 | 10,458 Common Stock | (F7) These options become exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in the Issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock. |
| 14 | Derivative | Stock Option Grant | 2023-05-25 | M | D | 4,767 | $0.00 | 10,066 | D | $6.11 · — to 2028-12-04 | 14,833 Common Stock | (F7) These options become exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in the Issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock. |
| 15 | Derivative | Stock Option Grant | 2023-05-25 | M | D | 61,200 | $0.00 | 0 | D | $9.46 · — to 2030-12-01 | 61,200 Common Stock | (F14) This option becomes excercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. |