0001179110-15-003701.txt : 20150228 0001179110-15-003701.hdr.sgml : 20150227 20150227170926 ACCESSION NUMBER: 0001179110-15-003701 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150225 FILED AS OF DATE: 20150227 DATE AS OF CHANGE: 20150227 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: Rallo James M CENTRAL INDEX KEY: 0001352659 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51813 FILM NUMBER: 15660387 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 2015-02-25 0 0001235468 LIQUIDITY SERVICES INC LQDT 0001352659 Rallo James M C/O LIQUIDITY SERVICES, INC. 1920 L STREET, N.W., 6TH FLOOR WASHINGTON DC 20036 0 1 0 0 CFO, Treasurer, President RSCG Common Stock 2015-02-25 4 S 0 10014 10.00 D 1497 D Common Stock 2015-02-26 4 S 0 1497 10.00 D 0 D Common Stock 15039 I By James M. Rallo 401k Common Stock 8000 I By James M. Rallo IRA Common Stock 7885 I By Kimberly Rallo IRA Common Stock 4625 I By Kimberly Rallo SIMPLE IRA Common Stock 685 I By James M. Rallo Cust. Michael Rallo MD UTMA Common Stock 460 I By James M. Rallo Cust. Melissa Rallo MD UTMA Employee Stock Option 7.48 2018-10-01 Common Stock 2338 2338 D Employee Stock Option 15.47 2020-10-01 Common Stock 6678 6678 D Employee Stock Grant 15.47 2020-10-01 Common Stock 5527 5527 D Employee Stock Grant 31.11 2021-10-01 Common Stock 1862 1862 D Employee Stock Option 31.11 2021-10-01 Common Stock 12358 12358 D Employee Stock Grant 38.09 2022-10-01 Common Stock 2502 2502 D Employee Stock Option 38.09 2022-10-01 Common Stock 3335 3335 D Employee Stock Grant 29.47 2023-07-18 Common Stock 9162 9162 D Employee Stock Option 29.47 2023-07-18 Common Stock 24871 24871 D Employee Stock Grant 21.99 2023-10-01 Common Stock 3519 3519 D Employee Stock Grant 21.99 2023-10-01 Common Stock 4691 4691 D Employee Stock Option 21.99 2023-10-01 Common Stock 9938 9938 D Employee Stock Option 21.99 2023-10-01 Common Stock 9938 9938 D Employee Stock Grant 13.57 2024-05-14 Common Stock 44215 44215 D The number of securities shown as being held in Issuer's 401(k) account for the Reporting Person's benefit is the approximate number of shares of common stock. De minimis fractional interests reported by the Issuer's 401(k) Plan trustee/administrator and held indirectly through the Plan's stock purchase account are not reflected. Mr. Rallo disclaims beneficial ownership of these shares. These options became fully vested on October 1, 2013. 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. Twenty-five percent of this restricted stock grant vested 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 vested on October 1, 2012 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, 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. Twenty-five percent of this restricted stock grant vested on July 1, 2014 and thereafter 1/4th of the restricted stock grant will vest on July 1 of each year for three years. Twenty-five percent of this option grant vested on July 18, 2014 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, 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 will vest on November 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on November 1 of each year for two years. /s/ James E. Williams, by power of attorney 2015-02-27