LIQUIDITY SERVICES INC · Exercise / conversion · Common Stock

What does this filing report?

An SEC Form 4 filing for LIQUIDITY SERVICES INC records an exercise / conversion involving Common Stock on December 1, 2025. The reported quantity was 2,736. The filing date is December 3, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.

The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.

Filing footnotes & remarks

F1

These options became fully exercisable on January 1, 2025.

F2

These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.

F3

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.

F4

12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.

F5

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.

F6

These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.

F7

Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.

F8

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.

F9

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.

F10

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.

F11

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.

F12

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.

F13

12/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.

F14

Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030.

F15

Represents the net issuance of 1,058 shares from the vesting of 2,071 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units wassatisfied by the issuer withholding 1,013 shares.

F16

Represents the net issuance of 2,736 shares from the vesting of 5,355 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units wassatisfied by the issuer withholding 2,619 shares.

Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.