Sec Form 4 Filing - Weiskircher Steven @ LIQUIDITY SERVICES INC - 2025-02-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Weiskircher Steven
2. Issuer Name and Ticker or Trading Symbol
LIQUIDITY SERVICES INC [ LQDT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP & Chief Technology Officer
(Last) (First) (Middle)
C/O LIQUIDITY SERVICES, INC., 6931 ARLINGTON ROAD SUITE 460
3. Date of Earliest Transaction (MM/DD/YY)
02/25/2025
(Street)
BETHESDA, MD20814
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/25/2025 M( 13 ) 1,591 A $ 0 46,166 D
Common Stock 02/25/2025 M( 14 ) 2,031 A $ 0 48,197 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit Grant ( 4 ) ( 10 ) 01/01/2026 Common Stock 3,490 3,490 D
Restricted Stock Unit Grant ( 4 ) ( 11 ) 01/01/2027 Common Stock 6,985 6,985 D
Restricted Stock Unit Grant ( 4 ) ( 12 ) 01/01/2028 Common Stock 13,387 13,387 D
Restricted Stock Unit ( 4 ) ( 8 ) 01/01/2029 Common Stock 19,700 19,700 D
Restricted Stock Unit Grant ( 4 ) ( 5 ) 01/01/2026 Common Stock 8,396 8,396 D
Restricted Stock Unit Grant ( 4 ) ( 5 ) 01/01/2029 Common Stock 19,700 19,700 D
Stock Option Grant $ 21.62 ( 9 ) 10/30/2034 Common Stock 16,700 16,700 D
Stock Option Grant $ 17.31 ( 1 ) 12/22/2033 Common Stock 14,430 14,430 D
Stock Option Grant $ 21.62 ( 1 ) 10/30/2034 Common Stock 16,700 16,700 D
Stock Option Grant $ 9.46 ( 2 ) 12/01/2030 Common Stock 1,975 1,975 D
Stock Option Grant $ 22.2 ( 3 ) 12/07/2031 Common Stock 2,837 2,837 D
Stock Option Grant $ 14 ( 6 ) 12/23/2032 Common Stock 5,381 5,381 D
Stock Option Grant $ 17.31 ( 7 ) 12/22/2033< /span> Common Stock 10,522 10,522 D
Stock Option Grant $ 22.2 ( 1 ) 12/07/2031 Common Stock 7,428 7,428 D
Stock Option Grant $ 14 ( 1 ) 12/23/2032 Common Stock 10,107 10,107 D
Restricted Stock Unit Grant ( 4 ) 02/25/2025 M 2,796 ( 5 ) 01/01/2026 Common Stock 12,852 $ 0 10,056 D
Restricted Stock Unit Grant ( 4 ) 02/25/2025 M 3,570 ( 5 ) 01/01/2027 Common Stock 17,850 $ 0 14,280 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Weiskircher Steven
C/O LIQUIDITY SERVICES, INC.
6931 ARLINGTON ROAD SUITE 460
BETHESDA, MD20814
SVP & Chief Technology Officer
Signatures
/s/ Mark A. Shaffer, by power of attorney 02/27/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
( 2 )These options became fully exercisable on January 1, 2025.
( 3 )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.
( 4 )Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
( 5 )These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
( 6 )12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
( 7 )12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
( 8 )Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
( 9 )12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
( 10 )Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026.
( 11 )Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
( 12 )Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
( 13 )Represents the net issuance of 1,591 shares from the vesting of 2,796 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,205 shares.
( 14 )Represents the net issuance of 2,031 shares from the vesting of 3,570 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,539 shares.

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