Form 4 for LQDT LIQUIDITY SERVICES INC
Accepted 2022-01-05 00:00:00 ET · period of report 2022-01-03 · accession 0001235468-22-000010 · 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 | 2022-01-05 | 2022-01-03 | LQDT | Angrick William P III | COB, CEO, Dir, 10% | M - OptEx | $0.00 | +23.9K | 5.45M | +0.4% | $0 |
| DM | 2022-01-05 | 2022-01-03 | LQDT | Angrick William P III | COB, CEO, Dir, 10% | M - OptEx | $0.00 | -23.9K | 27.4K | -47% | $0 |
| D | 2022-01-05 | 2022-01-04 | LQDT | Angrick William P III | COB, CEO, Dir, 10% | J - Other | $0.00 | -14.7K | 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 | 2022-01-03 | M | A | 5,925 | $0.00 | 5,453,647 | I By the William P. Angrick III Revocable Trust | — | — | (F2) These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose. |
| 2 | Common | Common Stock | 2022-01-03 | M | A | 4,325 | $0.00 | 5,434,047 | I By the William P. Angrick III Revocable Trust | — | — | (F2) These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose. |
| 3 | Common | Common Stock | 2022-01-03 | M | A | 13,675 | $0.00 | 5,447,722 | I By the William P. Angrick III Revocable Trust | — | — | (F2) These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose. |
| 4 | Derivative | Employee Stock Grant | 2022-01-03 | M | D | 5,925 | $0.00 | 17,775 | D | — · — to 2025-01-01 | 23,700 Common Stock | (F11) Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. (F17) 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. |
| 5 | Derivative | Employee Stock Grant | 2022-01-03 | M | D | 4,325 | $0.00 | 4,325 | D | — · — to 2023-01-01 | 8,650 Common Stock | (F11) Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. (F12) Twenty-five percent of this restricted stock unit grant vested on January 1, 2020 and thereafter, an additional 1/4th vests on each of January 1, 2021, January 1, 2022, and January 1, 2023. |
| 6 | Derivative | Employee Stock Option | 2022-01-04 | J | D | 14,695 | $0.00 | 0 | D | $46.72 · — to 2022-11-27 | 14,695 Common Stock | (F8) These options became fully exercisable on October 1, 2016. |
| 7 | Derivative | Employee Stock Grant | 2022-01-03 | M | D | 13,675 | $0.00 | 27,350 | D | — · — to 2024-01-01 | 41,025 Common Stock | (F11) Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. (F15) Twenty-five percent of this restricted stock unit grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024. |