0001179110-15-013749.txt : 20151002 0001179110-15-013749.hdr.sgml : 20151002 20151002200137 ACCESSION NUMBER: 0001179110-15-013749 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151002 FILED AS OF DATE: 20151002 DATE AS OF CHANGE: 20151002 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Angrick William P III CENTRAL INDEX KEY: 0001352618 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51813 FILM NUMBER: 151141892 MAIL ADDRESS: STREET 1: C/O LIQUIDITY SERVICES, INC. STREET 2: 1920 L STREET, N.W., 6TH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20036 4 1 edgar.xml FORM 4 - X0306 4 2015-10-02 0 0001235468 LIQUIDITY SERVICES INC LQDT 0001352618 Angrick William P III C/O LIQUIDITY SERVICES, INC. 1920 L STREET, N.W., 6TH FLOOR WASHINGTON DC 20036 1 1 1 0 Chairman of the Board and CEO Common Stock 2015-10-02 4 S 0 24561 7.23 D 0 D Common Stock 3655842 I By the William P. Angrick III Revocable Trust Common Stock 873379 I By the William P. Angrick III 2005 Irrevocable Trust Common Stock 575513 I By the Stephanie S. Angrick 2005 Irrevocable Trust Common Stock 114699 I By the Stephanie S. Angrick Revocable Trust Employee Stock Grant 10.41 2024-10-01 Common Stock 36999 36999 D Employee Stock Grant 10.41 2024-10-01 Common Stock 49332 49332 D Employee Stock Option 11.45 2024-10-01 Common Stock 29980 29980 D Employee Stock Option 11.45 2024-10-01 Common Stock 29980 29980 D Employee Stock Grant 21.99 2023-10-01 Common Stock 11359 11359 D Employee Stock Grant 21.99 2023-10-01 Common Stock 22716 22716 D Employee Stock Option 24.19 2023-10-01 Common Stock 48122 48122 D Employee Stock Option 24.19 2023-10-01 Common Stock 48121 48121 D Employee Stock Grant 46.72 2022-10-01 Common Stock 2120 2120 D Employee Stock Option 46.72 2022-10-01 Common Stock 14695 14695 D Employee Stock Option 37.72 2021-10-01 Common Stock 32139 32139 D Employee Stock Option 17.02 2020-10-01 Common Stock 8641 8641 D Employee Stock Grant 17.02 2020-10-01 Common Stock 11053 11053 D Employee Stock Option 9.96 2019-10-01 Common Stock 4568 4568 D 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. These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. 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. Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones. Twenty-five percent of this option grant vested on October 1, 2015 and thereafter 1/48th of the option grant will vest each month for thirty-six months. This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones. Twenty-five percent of this restricted stock grant vested on October 1, 2014 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones. Twenty-five percent of this option grant vested on October 1, 2014 and thereafter 1/48th of the option grant will vest each month for thirty-six months. This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones. Twenty-five percent of this restricted stock grant vested on October 1, 2013 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, 2013 and thereafter 1/48th of the option grant will vest each month for thirty-six months. These options became fully vested on October 1, 2015. These options became fully vested on October 1, 2014. These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones. These options became fully vested on October 1, 2013. /s/ James E. Williams, by power of attorney 2015-10-02