FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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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 *

Sweeney Michael E 		2. Issuer Name and Ticker or Trading Symbol

LIQUIDITY SERVICES INC [ LQDT ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP & Chief Accounting Officer
(Last)          (First)          (Middle)

C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR 		3. Date of Earliest Transaction (MM/DD/YYYY)

12/11/2017
(Street)

WASHINGTON, DC 20036
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Grant   $5.53                      (1) 4/1/2026   Common Stock   10500.0     10500   D    
Employee Stock Grant   $9.75                      (2) 12/22/2026   Common Stock   13400.0     13400   D    
Employee Stock Grant   $9.75                      (3) 12/22/2026   Common Stock   6600.0     6600   D    
Employee Stock Grant   $10.3                      (4) 12/20/2026   Common Stock   3950.0     3950   D    
Employee Stock Grant   $10.3                      (3) 12/20/2026   Common Stock   3950.0     3950   D    
Employee Stock Option   $10.3                      (5) 12/20/2026   Common Stock   2350.0     2350   D    
Employee Stock Option   $10.3                      (6) 12/20/2026   Common Stock   2350.0     2350   D    
Employee Stock Option   $4.47   12/11/2017     A      6000         (7) 10/1/2027   Common Stock   6000.0   $0   6000   D    
Employee Stock Grant   $4.47   12/11/2017     A      600         (3) 10/1/2027   Common Stock   600.0   $0   600   D    
Employee Stock Option   $4.47   12/11/2017     A      4000         (8) 10/1/2027   Common Stock   4000.0   $0   4000   D    
Employee Stock Grant   $4.47   12/11/2017     A      400         (9) 10/1/2027   Common Stock   400.0   $0   400   D    

Explanation of Responses:
(1)  Twenty-five percent of this restricted stock grant will vest on April 1, 2017 and thereafter 1/4 of the restricted stock grant will vest on April 1 of each year for three years.
(2)  Twenty-five percent of this restricted stock grant will vest on January 1, 2018 and thereafter 1/4 of the restricted stock grant will vest on January 1 of each year for three years.
(3)  These restricted shares will vest, if at all, based on the Issuer's achievement of certain financial milestones.
(4)  Twenty-five percent of this restricted stock grant will vest on January 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.
(5)  15/48th of this option grant will vest on January 1, 2018 and then 1/48th of the option grant will vest each month for thirty-three months.
(6)  This option becomes exercisable, if at all, based on the Issuer's achievment of certain financial milestones.
(7)  This option becomes exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
(8)  15/48th of this option grant will vest on January 1, 2019 and thereafter 1/48th of the option grant will vest each month for thirty three months.
(9)  Twenty-five percent of this restricted stock grant will vest on January 1, 2019 and thereafter 1/4th of the restricted stock grant will vest on each October 1, 2019, October 1, 2020, and October 1, 2021.

Remarks:
No non-derivative securities are beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sweeney Michael E
C/O LIQUIDITY SERVICES, INC.
1920 L STREET, N.W., 6TH FLOOR
WASHINGTON, DC 20036

VP & Chief Accounting Officer

Signatures
/s/ Mark A. Shaffer, by power of attorney 12/13/2017
** 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 4(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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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