SEC Form 4 · accession 0001179110-15-005611
LIQUIDITY SERVICES INC · LQDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick W Gross
Director
Period of report
Mar 4, 2015
Accepted (ET)
Mar 31, 2015 · 5:40 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 | — | — | — | 3,563 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF11 | $9.84 | Mar 4, 2015 | A | 39,103 | A | — | Feb 1, 2025 | Common Stock | 39,103 | 39,103 | D |
| Restricted Stock GrantF12 | $9.84 | Mar 4, 2015 | A | 3,862 | A | — | Feb 1, 2025 | Common Stock | 3,862 | 3,862 | D |
| Employee Stock OptionF1 | $12.89 | holding | — | — | — | — | Apr 3, 2016 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock OptionF2 | $14.75 | holding | — | — | — | — | Oct 2, 2016 | Common Stock | 11,271 | 11,271 | D |
| Employee Stock OptionF3 | $11.19 | holding | — | — | — | — | Oct 1, 2017 | Common Stock | 10,272 | 10,272 | D |
| Employee Stock OptionF4 | $11.66 | holding | — | — | — | — | Jun 3, 2018 | Common Stock | 4,457 | 4,457 | D |
| Employee Stock OptionF5 | $8.55 | holding | — | — | — | — | Apr 28, 2019 | Common Stock | 21,086 | 21,086 | D |
| Employee Stock OptionF6 | $10.70 | holding | — | — | — | — | Feb 1, 2020 | Common Stock | 18,612 | 18,612 | D |
| Employee Stock OptionF7 | $14.30 | holding | — | — | — | — | Feb 1, 2021 | Common Stock | 15,012 | 15,012 | D |
| Employee Stock OptionF8 | $42.31 | holding | — | — | — | — | Feb 1, 2022 | Common Stock | 5,328 | 5,328 | D |
| Employee Stock OptionF9 | $40.11 | holding | — | — | — | — | Feb 1, 2023 | Common Stock | 5,954 | 5,954 | D |
| Employee Stock OptionF10 | $21.53 | holding | — | — | — | — | Feb 1, 2024 | Common Stock | 20,061 | 20,061 | D |
Explanation of responses
- F1These options became fully vested on April 3, 2008.
- F10These options became fully vested on February 1, 2015.
- F11These options have a one-year vesting period such that 100% of this option grant will vest on February 1, 2016.
- F12These restricted shares have a one-year vesting period such that 100% of this restricted share grant will vest on February 1, 2016.
- F2These options became fully vested on October 2, 2007.
- F3These options became fully vested on October 1, 2008.
- F4These options became fully vested on June 3, 2009.
- F5These options became fully vested on February 18, 2010.
- F6These options became fully vested on February 1, 2011.
- F7These options became fully vested on February 1, 2012.
- F8These options became fully vested on February 1, 2013.
- F9These options became fully vested on February 1, 2014.