0001179110-12-008410.txt : 20120514 0001179110-12-008410.hdr.sgml : 20120514 20120514180117 ACCESSION NUMBER: 0001179110-12-008410 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120510 FILED AS OF DATE: 20120514 DATE AS OF CHANGE: 20120514 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: 12840141 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 2012-05-10 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 2012-05-10 4 M 0 1688 7.48 A 2388 D Common Stock 2012-05-10 4 M 0 1521 9.05 A 3909 D Common Stock 2012-05-10 4 M 0 624 15.47 A 4533 D Common Stock 2012-05-10 4 S 0 3833 65.82 D 700 D Employee Stock Option 7.48 2012-05-10 4 M 0 1688 7.48 D 2018-10-01 Common Stock 4501 2813 D Restricted Stock Grant 9.05 2019-10-01 Common Stock 3889 3889 D Employee Stock Option 9.05 2012-05-10 4 M 0 1521 9.05 D 2019-10-01 Common Stock 10141 8620 D Employee Stock Grant 15.47 2020-10-01 Common Stock 5070 5070 D Employee Stock Option 15.47 2012-05-10 4 M 0 624 15.47 D 2020-10-01 Common Stock 6659 6035 D Employee Stock Grant 15.47 2020-10-01 Common Stock 3901 3901 D Employee Stock Grant 31.11 2021-10-01 Common Stock 3585 3585 D Employee Stock Option 31.11 2021-10-01 Common Stock 5950 5950 D 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 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-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. /s/ James E. Williams 2012-05-14