X0508 4 2023-12-05 0 0001235468 LIQUIDITY SERVICES INC LQDT 0001677053 Shaffer Mark A 6931 ARLINGTON ROAD SUITE 200 BETHESDA MD 20814 0 1 0 0 CLO & Corp Sec 0 Common Stock 32173 I By The Mark A. Shaffer Revocable Trust Stock Option Grant 6.11 2028-12-04 Common Stock 3245 3245 D Stock Option Grant 6.69 2029-12-03 Common Stock 10342 10342 D Restricted Stock Unit Grant 2024-01-01 Common Stock 3062 3062 D Stock Option Grant 9.46 2030-12-01 Common Stock 25617 25617 D Restricted Stock Unit Grant 2025-01-01 Common Stock 3825 3825 D Stock Option Grant 22.20 2031-12-07 Common Stock 7740 7740 D Stock Option Grant 22.20 2031-12-07 Common Stock 7740 7740 D Restricted Stock Unit Grant 2026-01-01 Common Stock 8720 8720 D Restricted Stock Unit Grant 2026-01-01 Common Stock 6540 6540 D Stock Option Grant 14.00 2032-12-23 Common Stock 10405 10405 D Stock Option Grant 14.00 2032-12-23 Common Stock 10405 10405 D Restricted Stock Unit Grant 2027-01-01 Common Stock 12950 12950 D Restricted Stock Unit Grant 2026-01-01 Common Stock 12950 12950 D Restricted Stock Unit Grant 2023-12-05 4 A 0 14630 0.00 A 2027-01-01 Common Stock 14630 14630 D Restricted Stock Unit Grant 2023-12-05 4 A 0 14630 0.00 A 2028-01-01 Common Stock 14630 14630 D 15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th vests each month for thirty-three months. 12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. Twenty-five percent of this restricted stock unit grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024. 12/48th of this option grant vested on January 1, 2022 and thereafter, an additional 1/48th will vest each month for thirty-six months. Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025. These options become exercisable, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months. These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones. Twenty-five percent of this restricted stock unit grant vested on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1, 2026. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. 12/48th of this option grant will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months. Twenty-five percent of this restricted stock unit grant will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027. These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones. Twenty-five percent of this restricted stock unit grant will vest on January 1, 2025 and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028. /s/ Mark A. Shaffer 2023-12-07