SEC Form 4 · accession 0001179110-15-005608
LIQUIDITY SERVICES INC · LQDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George H Ellis
Director
Period of report
Mar 4, 2015
Accepted (ET)
Mar 31, 2015 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001235468
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 8,603 | D | ||
| Common StockF1 | holding | — | — | — | 1,160 | I | I.R.A. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF5 | $9.84 | Mar 4, 2015 | A | 19,050 | A | — | Feb 1, 2025 | Common Stock | 19,050 | 19,050 | D |
| Restricted Stock GrantF6 | $9.84 | Mar 4, 2015 | A | 3,862 | A | — | Feb 1, 2025 | Common Stock | 3,862 | 3,862 | D |
| Employee Stock OptionF2 | $42.31 | holding | — | — | — | — | Feb 1, 2022 | Common Stock | 5,328 | 5,328 | D |
| Employee Stock OptionF3 | $40.11 | holding | — | — | — | — | Feb 1, 2023 | Common Stock | 5,954 | 5,954 | D |
| Employee Stock OptionF4 | $21.53 | holding | — | — | — | — | Feb 1, 2024 | Common Stock | 13,144 | 13,144 | D |
Explanation of responses
- F1George H. Ellis Individual Retirement Account with Northern Trust Company as Trustee.
- F2These options became fully vested on February 1, 2013.
- F3These options became fully vested on February 1, 2013.
- F4These options became fully vested on February 1, 2015.
- F5These options have a one-year vesting period such that 100% of this option grant will vest on February 1, 2016.
- F6These restricted shares have a one-year vesting period such that 100% of this restricted share grant will vest on February 1, 2016.