0001179110-16-029448.txt : 20160908 0001179110-16-029448.hdr.sgml : 20160908 20160908170306 ACCESSION NUMBER: 0001179110-16-029448 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160906 FILED AS OF DATE: 20160908 DATE AS OF CHANGE: 20160908 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: Dudley Gardner H CENTRAL INDEX KEY: 0001621432 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51813 FILM NUMBER: 161876922 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 2016-09-06 0 0001235468 LIQUIDITY SERVICES INC LQDT 0001621432 Dudley Gardner H C/O LIQUIDITY SERVICES, INC. 1920 L STREET, N.W., 6TH FLOOR WASHINGTON DC 20036 0 1 0 0 Pres, Capital Assets Group Common Stock 2016-09-06 4 S 0 5000 10.22 D 10352 D Employee Stock Option 13.35 2020-06-16 Common Stock 3188 3188 D Employee Stock Grant 15.47 2020-11-30 Common Stock 2211 2211 D Employee Stock Grant 38.09 2022-11-16 Common Stock 625 625 D Employee Stock Grant 38.09 2022-11-16 Common Stock 2500 2500 D Employee Stock Grant 21.99 2023-11-27 Common Stock 831 831 D Employee Stock Grant 21.99 2023-11-27 Common Stock 1661 1661 D Employee Stock Option 21.99 2023-11-27 Common Stock 3519 3519 D Employee Stock Option 21.99 2023-11-27 Common Stock 3519 3519 D Employee Stock Grant 13.57 2024-05-14 Common Stock 11054 11054 D Employee Stock Grant 12.57 2024-10-27 Common Stock 18750 18750 D Employee Stock Grant 10.41 2024-10-01 Common Stock 36436 30364 D Employee Stock Grant 10.41 2024-10-01 Common Stock 12146 12146 D Employee Stock Option 10.41 2024-10-01 Common Stock 7338 7338 D Employee Stock Option 10.41 2024-10-01 Common Stock 1834 1834 D Employee Stock Grant 6.63 2025-10-01 Common Stock 20515 20515 D Employee Stock Grant 6.63 2025-10-01 Common Stock 5129 5129 D Employee Stock Option 6.63 2025-10-01 Common Stock 11245 11245 D Employee Stock Option 6.63 2025-10-01 Common Stock 2811 2811 D These options became fully vested on June 1, 2014. These restricted shares will vest, 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. The restricted stares will vest, 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. Fifty percent of this restricted stock grant vested on November 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on November 1 of each year for two years. 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. 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 will vest on October 1, 2016 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 will vest on October 1, 2016 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. /s/ Mark A. Shaffer, by power of attorney 2016-09-08