0001179110-11-013079.txt : 20110908
0001179110-11-013079.hdr.sgml : 20110908
20110908184637
ACCESSION NUMBER: 0001179110-11-013079
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110906
FILED AS OF DATE: 20110908
DATE AS OF CHANGE: 20110908
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Williams James Edwin
CENTRAL INDEX KEY: 0001352872
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51813
FILM NUMBER: 111081977
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
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 -
X0304
4
2011-09-06
0
0001235468
LIQUIDITY SERVICES INC
LQDT
0001352872
Williams James Edwin
C/O LIQUIDITY SERVICES, INC.
1920 L STREET, N.W., 6TH FLOOR
WASHINGTON
DC
20036
0
1
0
0
VP, Gen. Counsel & Secretary
Common Stock
2011-09-06
4
M
0
25000
12.89
A
25700
D
Common Stock
2011-09-06
4
S
0
25000
30.22
D
700
D
Common Stock
2011-09-07
4
M
0
5000
12.89
A
5700
D
Common Stock
2011-09-07
4
M
0
5625
10.93
A
11325
D
Common Stock
2011-09-07
4
M
0
3549
9.05
A
14874
D
Common Stock
2011-09-07
4
M
0
3938
7.48
A
18812
D
Common Stock
2011-09-07
4
S
0
18112
31.76
D
700
D
Employee Stock Option
12.89
2011-09-06
4
M
0
25000
12.89
D
2016-03-30
Common Stock
30000
5000
D
Employee Stock Option
12.89
2011-09-07
4
M
0
5000
12.89
D
2016-03-30
Common Stock
5000
0
D
Employee Stock Option
10.93
2011-09-07
4
M
0
5625
10.93
D
2017-10-01
Common Stock
6251
626
D
Employee Stock Option
7.48
2011-09-07
4
M
0
3938
7.48
D
2018-10-01
Common Stock
11251
7313
D
Restricted Stock Grant
9.05
2019-10-01
Common Stock
5834
5834
D
Employee Stock Option
9.05
2011-09-07
4
M
0
3549
9.05
D
2019-10-01
Common Stock
16225
12676
D
Employee Stock Grant
15.47
2020-10-01
Common Stock
6759
6759
D
Employee Stock Option
15.47
2020-10-01
Common Stock
9988
9988
D
Employee Stock Grant
15.47
2020-10-01
Common Stock
5000
5000
D
These options became fully vested on March 1, 2010.
One-quarter of this option grant vested on October 1, 2008, with the remaining options vesting at 2.083% per month on the first day of each month for the next 36 months.
Twenty-five percent of this option grant vested on October 1, 2009 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, 2010 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, 2010 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
Twenty-five percent of this restricted stock grant will vest 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 will vest 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.
/s/ James E. Williams
2011-09-08