0001628280-17-009699.txt : 20171004
0001628280-17-009699.hdr.sgml : 20171004
20171004170308
ACCESSION NUMBER: 0001628280-17-009699
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171002
FILED AS OF DATE: 20171004
DATE AS OF CHANGE: 20171004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gravley Roger
CENTRAL INDEX KEY: 0001713687
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51813
FILM NUMBER: 171122335
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
wf-form4_150715097411364.xml
FORM 4
X0306
4
2017-10-02
0
0001235468
LIQUIDITY SERVICES INC
LQDT
0001713687
Gravley Roger
C/O LIQUIDITY SERVICES, INC.
6931 ARLINGTON ROAD, SUITE 200
BETHESDA
MD
20814
0
1
0
0
Operating President, GovDeals
Common Stock
2017-10-02
4
J
0
9702
5.80
A
9702
D
Common Stock
2017-10-02
4
S
0
8545
5.80
D
1157
D
Common Stock
2017-10-03
4
S
0
1157
5.80
D
0
D
Employee Stock Option
9.05
2019-10-01
Common Stock
1801.0
1801
D
Employee Stock Grant
15.47
2020-10-01
Common Stock
1106.0
1106
D
Employee Stock Option
15.47
2020-10-01
Common Stock
2292.0
2292
D
Employee Stock Option
31.37
2021-10-01
Common Stock
2857.0
2857
D
Employee Stock Grant
21.99
2017-10-02
4
J
0
416
5.80
D
2023-10-01
Common Stock
416.0
0
D
Employee Stock Option
21.99
2023-10-01
Common Stock
3519.0
3519
D
Employee Stock Grant
21.99
2023-11-27
Common Stock
499.0
499
D
Employee Stock Option
21.99
2023-11-27
Common Stock
3519.0
3519
D
Employee Stock Option
10.41
2024-10-01
Common Stock
7338.0
7338
D
Employee Stock Grant
10.41
2017-10-02
4
J
0
4073
5.80
D
2024-10-01
Common Stock
12218.0
8145
D
Employee Stock Grant
12.57
2024-10-27
Common Stock
6250.0
6250
D
Employee Stock Option
6.63
2025-10-01
Common Stock
11430.0
11430
D
Employee Stock Grant
6.63
2017-10-02
4
J
0
5213
5.80
D
2025-10-01
Common Stock
15638.0
10425
D
Employee Stock Option
5.11
2025-10-01
Common Stock
2858.0
2858
D
Employee Stock Grant
5.11
2025-10-01
Common Stock
5213.0
5213
D
Employee Stock Grant
8.3
2026-10-01
Common Stock
8250.0
8250
D
Employee Stock Option
8.3
2026-10-01
Common Stock
4900.0
4900
D
Employee Stock Grant
8.3
2026-10-01
Common Stock
8250.0
8250
D
Employee Stock Option
8.3
2026-10-01
Common Stock
4900.0
4900
D
Represents the vesting of restricted stock.
Represents reporting person's advance election to sell upon vesting such restricted shares.
These options became fully vested on October 1, 2013.
These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
These options became fully vested on October 1, 2014.
These options became fully vested on October 1, 2015.
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 options became fully vested on October 1, 2017.
This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
Twenty-five percent of this option grant vested on October 1, 2015 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, 2015 and thereafter 1/8th of the restricted stock grant will vest on April 1 and October 1 of each year for three years.
Twenty-five percent of this restricted stock grant vested on October 1, 2015 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, 2016 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, 2016 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 restricted stock grant will vest on April 1, 2018 and thereafter 1/4th of the restricted stock grant will vest on each of October 1, 2018, October 1, 2019, and October 1, 2020.
18/48th of this option grant will vest on April 1, 2018 and thereafter 1/48th of the option grant will vest each month for thirty months.
/s/ Mark A. Shaffer, by power of attorney
2017-10-04