Sec Form 4 Filing - Mateus-Tique Jaime @ LIQUIDITY SERVICES INC - 2012-05-14

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
Mateus-Tique Jaime
2. Issuer Name and Ticker or Trading Symbol
LIQUIDITY SERVICES INC [ LQDT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
05/14/2012
(Street)
WASHINGTON, DC20036
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 05/14/2012 S 30,000 D $ 62.99 155,262 I By the Em El 2007 Irrevocable Trust
Common Stock 05/15/2012 S 30,000 D $ 62.02 125,262 I By the Em El 2007 Irrevocable Trust
Common Stock 159,394 D
Common Stock 1 I By the Jaime Mateus-Tique 2005 Irrevocable Trust
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
Employee Stock Option $ 42.31 ( 1 ) 02/01/2022 Common Stock 5,328 5,328 D
Restricted Stock Grant $ 42.31 ( 2 ) 02/01/2022 Common Stock 851 851 D
Employee Stock Option $ 14.3 ( 3 ) 03/01/2021 Common Stock 15,012 15,012 D
Employee Stock Option $ 11.77 ( 4 ) 02/01/2020 Common Stock 18,612 18,612 D
Employee Stock Option $ 12.02 ( 5 ) 10/01/2017 Common Stock 76,000 76,000 D
Employee Stock Option $ 17.63 ( 6 ) 09/21/2016 Common Stock 75,000 75,000 D
Employee Stock Option $ 7 ( 7 ) 12/21/2015 Common Stock 30,000 30,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mateus-Tique Jaime
C/O LIQUIDITY SERVICES, INC.
1920 L STREET, N.W., 6TH FLOOR
WASHINGTON, DC20036
X
Signatures
/s/ James E. Williams, by power of attorney 05/16/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These options have a one-year vesting period such that 100% of this option grant will vest on Feburary 1, 2013.
( 2 )These restricted shares have a one-year vesting period such that 100% of this restricted share grant will vest on Feburary 1, 2013.
( 3 )These options became fully vested on February 1, 2012.
( 4 )These options became fully vested on February 1, 2011.
( 5 )Twenty-five percent of this option grant vested on October 1, 2009 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
( 6 )These options became fully vested on September 21, 2010.
( 7 )These options became fully vested on April 19, 2006.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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