Daunt John's Form 4/A amendment
AmendedLiquidity Services Inc (LQDT) · filed Mar 23, 2023
- Accession no.
- 0001209191-23-020729
- Filed
- Mar 23, 2023
- Trade date
- Feb 6, 2023
- Filing delay
- 45 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Feb 8, 2023
This filing lists 3 non-derivative transactions. It carries over 2 transactions from the original filing that it did not restate. Open-market sales total $122.8K. It was filed 45 days after the trade.
This amendment restates part of 0001209191-23-007829 (filed Feb 8, 2023). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Daunt JohnCIK 0001774667 | Officer (EVP & CCO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 6, 2023 | Common Stock | MOption exerciseAcquired | +1,590 | $6.69 | +$10,637.1 | 54,129 | Indirect | |
| Feb 6, 2023 | Common Stock | MOption exerciseAcquired | +7,185 | $9.46 | +$67,970.1 | 61,314 | Indirect | |
| Feb 6, 2023 | Common Stock | SSaleDisposed | −8,775 | $14.00 | −$122,850 | 52,539 | Indirect |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001209191-23-007829 (filed Feb 8, 2023).
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 6, 2023 | Common Stock | MOption exerciseDisposed | −4,457 | $0.00 | $0 | 21,109 | Direct | |
| Feb 6, 2023 | Common Stock | MOption exerciseDisposed | −29,920 | $0.00 | $0 | 31,280 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The reporting person exercised 4,457 options on February 6, 2023. 2,867 shares were withheld by the issuer to cover taxes and option cost, resulting in a net issuance to the reporting person of 1,590 shares. The Form 4 filed on February 8, 2023 inadvertently did not account for the withholding of shares and reported the acquisition of 4,457 shares by the reporting person. This line is included on this Form 4/A to correct the number of shares acquired by the reporting person.
- F2
The reporting person exercised 29,920 options on February 6, 2023. 22,735 shares were withheld by the issuer to cover taxes and option cost, resulting in a net issuance to the reporting person of 7,185 shares. The Form 4 filed on February 8, 2023 inadvertently did not account for the withholding of shares and reported the acquisition of 29,920 shares by the reporting person. This line is included on this Form 4/A to correct the number of shares acquired by the reporting person.
- F3
The Form 4 filed on February 8, 2023 correctly reported the sale of 8,775 shares. This line is included on this Form 4/A to correct the amount of securities beneficially owned following the reported transactions.