SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* DOMINO KATHRYN ANN (Last) (First) (Middle) C/O LIQUIDITY SERVICES, INC. 1920 L STREET, N.W., 6TH FLOOR (Street) WASHINGTON DC 20036 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 02/05/2014	3. Issuer Name and Ticker or Trading Symbol LIQUIDITY SERVICES INC [ LQDT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Accounting Officer	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,160	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	(1)	10/05/2017	Common Stock	4,757	13.48	D
Employee Stock Option	(2)	12/29/2018	Common Stock	5,417	7.48	D
Employee Stock Option	(3)	12/01/2019	Common Stock	5,626	9.05	D
Employee Stock Grant	(4)	11/30/2020	Common Stock	1,000	15.47	D
Employee Stock Grant	(5)	11/30/2020	Common Stock	2,765	15.47	D
Employee Stock Option	(6)	11/30/2020	Common Stock	3,802	15.47	D
Employee Stock Option	(7)	11/30/2020	Common Stock	1,198	15.47	D
Employee Stock Grant	(8)	10/01/2021	Common Stock	1,533	31.37	D
Employee Stock Option	(9)	11/22/2021	Common Stock	4,560	31.37	D
Employee Stock Option	(10)	11/22/2021	Common Stock	750	31.37	D
Employee Stock Grant	(11)	11/16/2022	Common Stock	1,518	38.09	D
Employee Stock Grant	(12)	11/16/2022	Common Stock	2,024	38.09	D
Employee Stock Grant	(13)	11/27/2023	Common Stock	3,500	21.99	D
Employee Stock Grant	(14)	11/27/2023	Common Stock	3,500	21.99	D
Employee Stock Option	(15)	11/27/2023	Common Stock	3,519	21.99	D
Employee Stock Option	(16)	11/27/2023	Common Stock	3,519	21.99	D

Explanation of Responses:

1. These options became fully vested on October 1, 2011.

2. These options became fully vested on October 1, 2012.

3. These options became fully vested on October 1, 2013.

4. Twenty-five percent of this restricted stock grant vested on October 1, 2011 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.

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

6. Twenty-five percent of this option grant vested on October 1, 2011 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

7. These options became fully vested on December 1, 2011.

8. Twenty-five percent of this restricted stock grant vested on October 1, 2012 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.

9. Twenty-five percent of this option grant vested on October 1, 2012 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

10. These options became fully vested on December 1, 2012.

11. Twenty-five percent of this restricted stock grant vested on October 1, 2013 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.

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

13. Twenty-five percent of this restricted stock grant vested on October 1, 2014 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.

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

15. Twenty-five percent of this option grant vested on October 1, 2014 and thereafter 1/48th of the option grant will vest each month for thirty-six months.

16. This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.

	/s/ James E. Williams, by power of attorney	02/14/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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