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