<SEC-DOCUMENT>0001179110-16-030642.txt : 20161011
<SEC-HEADER>0001179110-16-030642.hdr.sgml : 20161011
<ACCEPTANCE-DATETIME>20161011174748
ACCESSION NUMBER:		0001179110-16-030642
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20161003
FILED AS OF DATE:		20161011
DATE AS OF CHANGE:		20161011

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIQUIDITY SERVICES INC
		CENTRAL INDEX KEY:			0001235468
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1920 L STREET, N.W.
		STREET 2:		6TH FLOOR
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
		BUSINESS PHONE:		2024676868

	MAIL ADDRESS:	
		STREET 1:		1920 L STREET, N.W.
		STREET 2:		6TH FLOOR
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Casusol Segundo Leoncio
		CENTRAL INDEX KEY:			0001568819

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51813
		FILM NUMBER:		161931999

	MAIL ADDRESS:	
		STREET 1:		C/O LIQUIDITY SERVICES, INC.
		STREET 2:		1920 L STREET, N.W., 6TH FLOOR
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4/A -
<TEXT>
<XML>
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<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2016-10-03</periodOfReport>

    <dateOfOriginalSubmission>2016-10-05</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001235468</issuerCik>
        <issuerName>LIQUIDITY SERVICES INC</issuerName>
        <issuerTradingSymbol>LQDT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001568819</rptOwnerCik>
            <rptOwnerName>Casusol Segundo Leoncio</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LIQUIDITY SERVICES, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1920 L STREET, N.W., 6TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Information Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

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                <value>Common Stock</value>
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                <transactionPricePerShare>
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            <transactionDate>
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            <expirationDate>
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                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
                    <value>1865</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <directOrIndirectOwnership>
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            <securityTitle>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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            <expirationDate>
                <value>2025-10-01</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>33789</value>
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                <sharesOwnedFollowingTransaction>
                    <value>25342</value>
                </sharesOwnedFollowingTransaction>
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                <value>Employee Stock Grant</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
                <footnoteId id="F10"/>
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            <expirationDate>
                <value>2025-10-01</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option</value>
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            <conversionOrExercisePrice>
                <value>6.63</value>
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            <exerciseDate>
                <footnoteId id="F11"/>
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            <expirationDate>
                <value>2025-10-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>18522</value>
                </underlyingSecurityShares>
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                    <value>18522</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Option</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
                <footnoteId id="F12"/>
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            <expirationDate>
                <value>2025-10-01</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>4630</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>4630</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Employee Stock Grant</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.63</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F13"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-10-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>26395</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>26395</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        </derivativeHolding>
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    <footnotes>
        <footnote id="F1">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.</footnote>
        <footnote id="F2">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.</footnote>
        <footnote id="F3">Twenty-five percent of this restricted stock grant vested on January 1, 2014 and thereafter 1/4th of the restricted stock grant will vest on January 1 of each year for three years.</footnote>
        <footnote id="F4">Fifty percent of this restricted stock grant vested on November 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on November 1 of each year for two years.</footnote>
        <footnote id="F5">Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/8th of the restricted stock grant will vest on April 1 and October 1 of each year for three years.</footnote>
        <footnote id="F6">These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.</footnote>
        <footnote id="F7">Twenty-five percent of this option grant vested on October 1, 2015 and thereafter 1/48th of the option grant will vest each month for thirty-six months.</footnote>
        <footnote id="F8">This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.</footnote>
        <footnote id="F9">Twenty-five percent of this restricted stock grant vested on October 1, 2016 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.</footnote>
        <footnote id="F10">These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.</footnote>
        <footnote id="F11">Twenty-five percent of this option grant vested on October 1, 2016 and thereafter 1/48th of the option grant will vest each month for thirty-six months.</footnote>
        <footnote id="F12">This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.</footnote>
        <footnote id="F13">These restricted shares will vest, if at all, based on the Issuer's achievement of certain milestones with respect to the Liquidity One Transformation plan.</footnote>
        <footnote id="F14">Represents vesting of restricted stock</footnote>
        <footnote id="F15">Represents reporting person's advance election to sell upon vesting such restricted shares</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark A. Shaffer, by power of attorney</signatureName>
        <signatureDate>2016-10-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
