4//SEC Filing
Gravley Roger 4
Accession 0001628280-18-014976
CIK 0001235468other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 5:18 PM ET
Size
39.6 KB
Accession
0001628280-18-014976
Insider Transaction Report
Form 4
Gravley Roger
Operating President, GovDeals
Transactions
- Other
Common Stock
2018-12-07$6.99/sh+3,910$27,331→ 3,910 total - Other
Employee Stock Grant
2018-12-07$6.99/sh−3,910$27,331→ 1,303 totalExercise: $6.63Exp: 2025-10-01→ Common Stock (5,213 underlying) - Tax Payment
Common Stock
2018-12-07$6.99/sh−1,092$7,633→ 2,818 total
Holdings
- 1,801
Employee Stock Option
Exercise: $9.05Exp: 2019-10-01→ Common Stock (1,801 underlying) - 3,519
Employee Stock Option
Exercise: $21.99Exp: 2023-11-27→ Common Stock (3,519 underlying) - 4,125
Employee Stock Grant
Exercise: $8.30Exp: 2026-10-01→ Common Stock (4,125 underlying) - 4,900
Employee Stock Option
Exercise: $8.30Exp: 2026-10-01→ Common Stock (4,900 underlying) - 29,760
Employee Stock Option
Exercise: $4.47Exp: 2027-10-01→ Common Stock (29,760 underlying) - 3,060
Employee Stock Grant
Exercise: $4.47Exp: 2027-10-01→ Common Stock (3,060 underlying) - 2,857
Employee Stock Option
Exercise: $31.37Exp: 2021-10-01→ Common Stock (2,857 underlying) - 2,040
Employee Stock Grant
Exercise: $4.47Exp: 2027-10-01→ Common Stock (2,040 underlying) - 6,150
Employee Stock Grant
Exercise: $6.11Exp: 2028-10-01→ Common Stock (6,150 underlying) - 12,300
Employee Stock Grant
Exercise: $6.11Exp: 2028-10-01→ Common Stock (12,300 underlying) - 2,292
Employee Stock Option
Exercise: $15.47Exp: 2020-10-01→ Common Stock (2,292 underlying) - 11,430
Employee Stock Option
Exercise: $6.63Exp: 2025-10-01→ Common Stock (11,430 underlying) - 3,519
Employee Stock Option
Exercise: $21.99Exp: 2023-10-01→ Common Stock (3,519 underlying) - 499
Employee Stock Grant
Exercise: $21.99Exp: 2023-11-27→ Common Stock (499 underlying) - 1,106
Employee Stock Grant
Exercise: $15.47Exp: 2020-10-01→ Common Stock (1,106 underlying) - 2,858
Employee Stock Option
Exercise: $6.63Exp: 2025-10-01→ Common Stock (2,858 underlying) - 4,900
Employee Stock Option
Exercise: $8.30Exp: 2026-10-01→ Common Stock (4,900 underlying) - 7,338
Employee Stock Option
Exercise: $10.41Exp: 2024-10-01→ Common Stock (7,338 underlying) - 5,213
Employee Stock Grant
Exercise: $6.63Exp: 2025-10-01→ Common Stock (5,213 underlying) - 8,250
Employee Stock Grant
Exercise: $8.30Exp: 2026-10-01→ Common Stock (8,250 underlying) - 19,840
Employee Stock Option
Exercise: $4.47Exp: 2027-10-01→ Common Stock (19,840 underlying) - 37,850
Employee Stock Option
Exercise: $6.11Exp: 2028-10-01→ Common Stock (37,850 underlying) - 37,850
Employee Stock Option
Exercise: $6.11Exp: 2028-10-01→ Common Stock (37,850 underlying)
Footnotes (20)
- [F1]Represents the vesting of restricted stock.
- [F10]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.
- [F11]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.
- [F12]75% of the options were certified as vested on December 6, 2018. The remaining options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- [F13]Twenty-five percent of this restricted stock grant vested 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.
- [F14]18/48th of this option grant vested on April 1, 2018 and thereafter 1/48th of the option grant will vest each month for thirty months.
- [F15]This option becomes exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a the issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock.
- [F16]These restricted stock units vest, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a the issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock.
- [F17]15/48th of this option grant will vest on January 1, 2019 and thereafter 1/48th of the option grant will vest each month for thirty three months.
- [F18]Twenty-five percent of this restricted stock grant will vest on January 1, 2019 and thereafter 1/4th of the restricted stock grant will vest on each October 1, 2019, October 1, 2020, and October 1, 2021.
- [F19]Twenty-five percent of this restricted stock grant will vest on January 1, 2020 and thereafter 1/4th of the restricted stock grant will vest on each October 1, 2020, October 1, 2021, and October 1, 2022.
- [F2]Represents an advance election by the insider to satisfy tax withholding obligations related to vesting of restricted shares by authorizing the issuer to sell a number of shares with an aggregate fair market value that would satisfy the withholding amount due.
- [F20]15/48th of this option grant will vest on January 1, 2020 and thereafter 1/48th of the option grant will vest each month for thirty three months.
- [F3]These options became fully vested on October 1, 2013.
- [F4]These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- [F5]These options became fully vested on October 1, 2014.
- [F6]These options became fully vested on October 1, 2015.
- [F7]These options became fully vested on October 1, 2017.
- [F8]This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- [F9]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.
Documents
Issuer
LIQUIDITY SERVICES INC
CIK 0001235468
Entity typeother
Related Parties
1- filerCIK 0001713687
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 5:18 PM ET
- Size
- 39.6 KB