LQDT.NASDAQLiquidity Services INC
Form 4: Liquidity Services EVP John Daunt Reports Stock Transactions
Sentiment:
SEC Form 4
EVP and Chief Commercial Officer of Liquidity Services, John Daunt, reports transactions involving common stock and restricted stock units.
Summary
- On December 20, 2024, John Daunt, EVP and Chief Commercial Officer of Liquidity Services, reported transactions involving the company's common stock.
- Daunt acquired 1,136 shares of common stock through the vesting of restricted stock units, valued at $0.
- Simultaneously, 1,136 shares were disposed of at a price of $31.34, to cover fees and taxes.
- Following these transactions, Daunt directly owns 43,309 shares and indirectly owns 44,445 shares through The Daunt Family Trust.
- Daunt also holds various restricted stock unit grants and stock option grants with different vesting schedules and exercise prices.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
- Employees may be impacted by the vesting of restricted stock units and stock options.
Key Dates
| Date | Description |
|---|---|
| 01/01/2021 | 12/48th of one stock option grant vested on this date and an additional 1/48th vests each month for thirty-six months. |
| 01/01/2022 | Twenty-five percent of one restricted stock unit grant vested on this date and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1,2025. |
| 01/01/2023 | 12/48th of one option grant vested on this date and thereafter, an additional 1/48th will vest each month for thirty-six months. |
| 01/01/2023 | Twenty-five percent of one restricted stock unit grant vested on this date and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1,2026. |
| 01/01/2024 | 12/48th of one option grant vested on this date and thereafter, an additional 1/48th will vest each month for thirty-six months. |
| 01/01/2024 | Twenty-five percent of one restricted stock unit grant vested on this date, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027. |
| 12/20/2024 | Date of stock transactions reported. |
| 12/23/2024 | Date of signature for the report. |
| 01/01/2025 | Twenty-five percent of one restricted stock unit grant will vest on this date and thereafter, an additional 1/4th will vest on each of January 1, 2026, January 1, 2027 and January 1, 2028. |
| 01/01/2025 | 12/48th of one option grant will vest on this date and thereafter, an additional 1/48th will vest each month for thirty-six months. |
| 01/01/2025 | Twenty-five percent of one restricted stock unit grant will vest on this date and thereafter 25% will vest on each of January 1, 2026 and January 1, 2027. |
| 01/01/2025 | Date that one restricted stock unit grant vests. |
| 01/01/2026 | Twenty-five percent of one restricted stock unit grant will vest on this date and thereafter, an additional 1/4th will vest on each of January 1, 2027, January 1, 2028 and January 1, 2029. |
| 01/01/2026 | 12/48th of one option grant will vest on this date, and, thereafter, an additional 1/48th will vest each month for thirty-six months. |
| 01/01/2026 | Date that multiple restricted stock unit grants vest. |
| 01/01/2027 | Date that multiple restricted stock unit grants vest. |
| 12/04/2028 | Expiration date for one stock option grant. |
| 01/01/2029 | Date that multiple restricted stock unit grants vest. |
| 12/01/2030 | Expiration date for one stock option grant. |
| 12/07/2031 | Expiration date for multiple stock option grants. |
| 12/23/2032 | Expiration date for multiple stock option grants. |
| 12/22/2033 | Expiration date for multiple stock option grants. |
| 10/30/2034 | Expiration date for multiple stock option grants. |
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