<SEC-DOCUMENT>0001209191-23-047933.txt : 20230901
<SEC-HEADER>0001209191-23-047933.hdr.sgml : 20230901
<ACCEPTANCE-DATETIME>20230901160335
ACCESSION NUMBER:		0001209191-23-047933
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230830
FILED AS OF DATE:		20230901
DATE AS OF CHANGE:		20230901

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Weiskircher Steven
		CENTRAL INDEX KEY:			0001782925

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51813
		FILM NUMBER:		231232465

	MAIL ADDRESS:	
		STREET 1:		6931 ARLINGTON ROAD
		STREET 2:		SUITE 200
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIQUIDITY SERVICES INC
		CENTRAL INDEX KEY:			0001235468
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				522209244
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		6931 ARLINGTON ROAD
		STREET 2:		SUITE 200
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		2024676868

	MAIL ADDRESS:	
		STREET 1:		6931 ARLINGTON ROAD
		STREET 2:		SUITE 200
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
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            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reporting person exercised 2,010 stock options; 1,335 shares were withheld by the issuer to pay the cost of the options and taxes and the
remaining 675 shares were acquired by the reporting person.</footnote>
        <footnote id="F2">Represents the exercise of stock options.</footnote>
        <footnote id="F3">The reporting person surrendered 490 shares with a market value of $9,143.30 to the issuer to pay the cost and related taxes associated with the exercise of the 1,365 options described above.</footnote>
        <footnote id="F4">Represents the net issuance of 10,668 shares from the vesting of 18,750 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 8,082 shares.</footnote>
        <footnote id="F5">12/48th of this option grant vested on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.</footnote>
        <footnote id="F6">Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.</footnote>
        <footnote id="F7">Twenty-five percent of this restricted stock unit grant vested on January 1, 2022 and thereafter, an additional 1/4th will vest on each of January 1, 2023, January 1, 2024 and January 1, 2025.</footnote>
        <footnote id="F8">12/48th of this option grant vested on January 1, 2021 and, thereafter, 1/48th of the option grant vests each month for thirty-six months.</footnote>
        <footnote id="F9">Twenty-five percent of this restricted stock grant vested on January 1, 2021 and thereafter, an additional 1/4th vests on each of January 1, 2022, January 1, 2023 and January 1, 2024.</footnote>
        <footnote id="F10">This restricted stock unit grant fully vested on September 1, 2023.</footnote>
        <footnote id="F11">These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.</footnote>
        <footnote id="F12">12/48th of this option grant will vest on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.</footnote>
        <footnote id="F13">These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.</footnote>
        <footnote id="F14">Twenty-five percent of this restricted stock unit grant will vest on January 1, 2023 and thereafter, an additional 1/4th will vest on each of January 1, 2024, January 1, 2025 and January 1, 2026.</footnote>
        <footnote id="F15">These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.</footnote>
        <footnote id="F16">Twenty-five percent of this grant will vest on January 1, 2024, and thereafter 25% will vest on each of January 1, 2025, January 1, 2026 and January 1, 2027.</footnote>
        <footnote id="F17">12/48th of these options will vest on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Mark A. Shaffer, by power of attorney</signatureName>
        <signatureDate>2023-09-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
