0001179110-12-009515.txt : 20120604
0001179110-12-009515.hdr.sgml : 20120604
20120604165916
ACCESSION NUMBER: 0001179110-12-009515
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120531
FILED AS OF DATE: 20120604
DATE AS OF CHANGE: 20120604
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Burton Thomas B
CENTRAL INDEX KEY: 0001352735
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51813
FILM NUMBER: 12886753
MAIL ADDRESS:
STREET 1: C/O LIQUIDITY SERVICES INC.
STREET 2: 1920 L STREET, N.W., 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]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 1920 L STREET, N.W.
STREET 2: 6TH FLOOR
CITY: WASHINGTON
STATE: DC
ZIP: 20036
BUSINESS PHONE: 2024676868
MAIL ADDRESS:
STREET 1: 1920 L STREET, N.W.
STREET 2: 6TH FLOOR
CITY: WASHINGTON
STATE: DC
ZIP: 20036
4
1
edgar.xml
FORM 4 -
X0305
4
2012-05-31
0
0001235468
LIQUIDITY SERVICES INC
LQDT
0001352735
Burton Thomas B
C/O LIQUIDITY SERVICES, INC.
1920 L STREET, N.W., 6TH FLOOR
WASHINGTON
DC
20036
0
1
0
0
Pres, COO, Gov't Liquid LLC
Common Stock
2012-05-31
4
S
0
10000
63.75
D
0
D
Employee Stock Grant
31.11
2021-10-01
Common Stock
7111
7111
D
Employee Stock Option
31.11
2021-10-01
Common Stock
11801
11801
D
Employee Stock Grant
15.47
2020-10-01
Common Stock
6374
6374
D
Employee Stock Option
15.47
2020-10-01
Common Stock
12556
12556
D
Employee Stock Grant
15.47
2020-10-01
Common Stock
15603
15603
D
Employee Stock Option
7.48
2018-10-01
Common Stock
44003
44003
D
Employee Stock Option
10.93
2017-10-01
Common Stock
17999
17999
D
Twenty-five percent of this restricted stock grant will vest on October 1, 2012 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
Twenty-five percent of this option grant will vest on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
Twenty-five percent of this restricted stock grant vested on October 1, 2011 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
Twenty-five percent of this option grant vested on October 1, 2011 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
Twenty percent of this option grant vested on October 1, 2009 and thereafter 1/60th of the option grant will vest each month for forty-eight months.
Twenty-five percent of this option grant vested on October 1, 2008, with the remaining options vesting at 2.083% per month thereafter on the first day of each month for the next 36 months.
/s/ James E. Williams, by power of attorney
2012-06-04