Form 4 for LQDT LIQUIDITY SERVICES INC
Accepted 2022-08-18 00:00:00 ET · period of report 2022-08-16 · accession 0001235468-22-000113 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-18 | 2022-08-16 | LQDT | Murray Novelette | CHRO | M - OptEx | $6.62 | +29.5K | 26.8K | New | +$195.1K |
| DM | 2022-08-18 | 2022-08-16 | LQDT | Murray Novelette | CHRO | S - Sale+OE | $20.22 | -5,013 | 26.1K | -16% | -$101.4K |
| D | 2022-08-18 | 2022-08-16 | LQDT | Murray Novelette | CHRO | F - Tax | $20.12 | -7,427 | 43.2K | -15% | -$149.4K |
| DM | 2022-08-18 | 2022-08-16 | LQDT | Murray Novelette | CHRO | M - OptEx | $0.00 | -42.8K | 1,344 | -97% | $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 | 2022-08-16 | M | A | 3,249 | $9.46 | 29,393 | D | — | — | |
| 2 | Common | Common Stock | 2022-08-16 | S | D | 3,249 | $20.19 | 26,144 | D | — | — | |
| 3 | Common | Common Stock | 2022-08-16 | M | A | 1,144 | $9.46 | 27,288 | D | — | — | |
| 4 | Common | Common Stock | 2022-08-16 | S | D | 1,144 | $20.28 | 26,144 | D | — | — | |
| 5 | Common | Common Stock | 2022-08-16 | F | D | 7,427 | $20.12 | 43,173 | D | — | — | |
| 6 | Common | Common Stock | 2022-08-16 | S | D | 620 | $20.29 | 26,144 | D | — | — | |
| 7 | Common | Common Stock | 2022-08-16 | M | A | 12,900 | $6.11 | 39,044 | D | — | — | |
| 8 | Common | Common Stock | 2022-08-16 | M | A | 11,556 | $6.11 | 50,600 | D | — | — | |
| 9 | Common | Common Stock | 2022-08-16 | M | A | 620 | $6.69 | 26,764 | D | — | — | |
| 10 | Derivative | Employee Stock Option | 2022-08-16 | M | D | 1,912 | $0.00 | 2,538 | D | $6.69 · — to 2029-12-03 | 4,270 Common Stock | (F9) 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months. |
| 11 | Derivative | Employee Stock Option | 2022-08-16 | M | D | 12,000 | $0.00 | 20,750 | D | $9.46 · — to 2030-12-01 | 32,750 Common Stock | (F19) This option becomes exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. |
| 12 | Derivative | Employee Stock Option | 2022-08-16 | M | D | 4,454 | $0.00 | 28,296 | D | $9.46 · — to 2030-12-01 | 32,750 Common Stock | (F18) 12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months. |
| 13 | Derivative | Employee Stock Option | 2022-08-16 | M | D | 12,900 | $0.00 | 0 | D | $6.11 · — to 2028-12-04 | 12,900 Common Stock | (F10) These options become exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a 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 | Employee Stock Option | 2022-08-16 | M | D | 11,556 | $0.00 | 1,344 | D | $6.11 · — to 2028-12-04 | 12,900 Common Stock | (F12) 12/48th of this option grant vested on January 1, 2020 and thereafter an additional 1/48th vests each month for thirty-six months. |