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