Form Type: 4

SEC EDGAR Link
Accession Number:0001235468-21-000146
Date:2021-08-13
Issuer: LIQUIDITY SERVICES INC (LQDT)
Original Submission Date:

Reporting Person:

ROZDILSKY NICHOLAS
C/O LIQUIDITY SERVICES, INC.
6931 ARLINGTON ROAD, SUITE 200 BETHESDA, MD 20814

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-08-13 S 16,071 d $23.49 9,797 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION 6.95 deemed execution date 0 ( ) 2022-08-12 common stock 1,042 $6.95 1,042 direct
EMPLOYEE STOCK OPTION 6.11 deemed execution date 0 ( ) 2022-08-12 common stock 1,619 $6.11 1,619 direct
EMPLOYEE STOCK OPTION 6.69 deemed execution date 0 ( ) 2022-08-12 common stock 4,366 $6.69 4,366 direct
Footnotes
IDfootnote
f1 effective august 13, 2021 (the "departure date"), nicholas rozdilsky (the "reporting person") ceased to be an officer of liquidity services, inc. (the "issuer"). pursuant to the grant agreements entered into by the issuer and the reporting person, the unvested portion of any grant of restricted stock units or stock options (the "unvested grants") held by the reporting person on the departure date was forfeited and canceled as of the departure date. therefore, the unvested grants have been deleted from table ii of this form 4. the amounts included in column 7 and column 9 of table ii of this form 4 represent stock options held by the reporting person that were vested as of the departure date (the "vested options"). pursuant to the terms of the issuer's third amended and restated omnibus long-term incentive plan, the reporting person may exercise the vested options for the twelve-month period following the departure date.
f2 these options were vested as of the departure date and may be exercised by the reporting person for the twelve-month period following the departure date.
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