Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Gravley Roger

2. Date of Event Requiring Statement (MM/DD/YYYY) 8/1/2017

3. Issuer Name and Ticker or Trading Symbol

LIQUIDITY SERVICES INC [LQDT]

(Last) (First) (Middle)

C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
Operating President, GovDeals /

(Street)

WASHINGTON, DC 20036

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

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)

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option	⁽¹⁾	10/1/2019	Common Stock	1801.0	$9.05	D
Employee Stock Grant	⁽²⁾	10/1/2020	Common Stock	1106.0	$15.47	D
Employee Stock Option	⁽³⁾	10/1/2020	Common Stock	2292.0	$15.47	D
Employee Stock Option	⁽⁴⁾	10/1/2021	Common Stock	2857.0	$31.37	D
Employee Stock Grant	⁽⁵⁾	10/1/2023	Common Stock	416.0	$21.99	D
Employee Stock Option	⁽⁶⁾	10/1/2023	Common Stock	3519.0	$21.99	D
Employee Stock Grant	⁽²⁾	11/27/2023	Common Stock	499.0	$21.99	D
Employee Stock Option	⁽⁷⁾	11/27/2023	Common Stock	3519.0	$21.99	D
Employee Stock Option	⁽⁸⁾	10/1/2024	Common Stock	7338.0	$10.41	D
Employee Stock Grant	⁽⁹⁾	10/1/2024	Common Stock	12218.0	$10.41	D
Employee Stock Grant	⁽¹⁰⁾	10/27/2024	Common Stock	6250.0	$12.57	D
Employee Stock Option	⁽¹¹⁾	10/1/2025	Common Stock	11430.0	$6.63	D
Employee Stock Grant	⁽¹²⁾	10/1/2025	Common Stock	15638.0	$6.63	D
Employee Stock Option	⁽⁷⁾	10/1/2025	Common Stock	2858.0	$5.11	D
Employee Stock Grant	⁽²⁾	10/1/2025	Common Stock	5213.0	$5.11	D
Employee Stock Grant	⁽¹³⁾	10/1/2026	Common Stock	8250.0	$8.3	D
Employee Stock Option	⁽¹⁴⁾	10/1/2026	Common Stock	4900.0	$8.3	D
Employee Stock Grant	⁽²⁾	10/1/2026	Common Stock	8250.0	$8.3	D
Employee Stock Option	⁽⁷⁾	10/1/2026	Common Stock	4900.0	$8.3	D

Explanation of Responses:
(1)	These options became fully vested on October 1, 2013.
(2)	These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
(3)	These options became fully vested on October 1, 2014.
(4)	These options became fully vested on October 1, 2015.
(5)	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.
(6)	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.
(7)	This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
(8)	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.
(9)	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.
(10)	Twenty-five percent of this restricted stock grant vested on October 1, 2015 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
(11)	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.
(12)	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.
(13)	Twenty-five percent of this restricted stock grant will vest on April 1, 2018 and thereafter 1/4th of the restricted stock grant will vest on each of October 1, 2018, October 1, 2019, and October 1, 2020.
(14)	18/48th of this option grant will vest on April 1, 2018 and thereafter 1/48th of the option grant will vest each month for thirty months.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Gravley Roger C/O LIQUIDITY SERVICES, INC. 1920 L STREET, N.W., 6TH FLOOR WASHINGTON, DC 20036			Operating President, GovDeals

Signatures
/s/ Mark A. Shaffer, by power of attorney		8/4/2017
^** 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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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