Statement of Changes in Beneficial Ownership (4)

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 ^* Angrick William P III	2. Issuer Name and Ticker or Trading Symbol LIQUIDITY SERVICES INC [ LQDT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman of the Board and CEO
(Last) (First) (Middle) C/O LIQUIDITY SERVICES, INC., 6931 ARLINGTON ROAD, SUITE 200	3. Date of Earliest Transaction (MM/DD/YYYY) 5/18/2021
(Street) BETHESDA, MD 20814 (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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	5/18/2021		S		92948	D	$26.72	5530190	I	By the William P. Angrick III Revocable Trust ⁽¹⁾
Common Stock								873379	I	By the William P. Angrick III 2005 Irrevocable Trust ⁽¹⁾
Common Stock								575513	I	By the Stephanie S. Angrick 2005 Irrevocable Trust ⁽²⁾
Common Stock								114699	I	By the Stephanie S. Angrick Revocable Trust ⁽²⁾

*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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Grant	⁽³⁾							⁽⁴⁾	10/1/2021	Common Stock	2050.0		2050	D
Employee Stock Option	$37.72							⁽⁵⁾	12/2/2021	Common Stock	32139.0		32139	D
Employee Stock Option	$9.13							⁽⁶⁾	3/2/2022	Common Stock	48000.0		48000	D
Employee Stock Option	$9.13							⁽⁷⁾	3/2/2022	Common Stock	27360.0		27360	D
Employee Stock Option	$46.72							⁽⁸⁾	11/27/2022	Common Stock	14695.0		14695	D
Employee Stock Option	$4.92							⁽⁹⁾	12/11/2022	Common Stock	87080.0		87080	D
Employee Stock Option	$4.92							⁽¹⁰⁾	12/11/2022	Common Stock	130620.0		130620	D
Employee Stock Grant	⁽³⁾							⁽¹¹⁾	1/1/2023	Common Stock	8650.0		8650	D
Employee Stock Option	$24.19							⁽¹²⁾	11/27/2023	Common Stock	48122.0		48122	D
Employee Stock Option	$6.72							⁽¹³⁾	12/4/2023	Common Stock	124200.0		124200	D
Employee Stock Option	$6.72							⁽¹⁰⁾	12/4/2023	Common Stock	124200.0		124200	D
Employee Stock Grant	⁽³⁾							⁽¹⁴⁾	1/1/2024	Common Stock	41025.0		41025	D
Employee Stock Option	$7.36							⁽¹⁵⁾	12/3/2024	Common Stock	139900.0		139900	D
Employee Stock Option	$7.36							⁽¹⁰⁾	12/3/2024	Common Stock	139900.0		139900	D
Employee Stock Grant	⁽³⁾							⁽¹⁶⁾	1/1/2025	Common Stock	23700.0		23700	D
Employee Stock Grant	⁽³⁾							⁽¹⁷⁾	1/1/2025	Common Stock	23700.0		23700	D
Employee Stock Option	$10.41							⁽¹⁸⁾	12/1/2025	Common Stock	131950.0		131950	D
Employee Stock Option	$10.41							⁽¹⁹⁾	12/1/2025	Common Stock	131950.0		131950	D
Employee Stock Option	$7.29							⁽²⁰⁾	12/22/2025	Common Stock	56193.0		56193	D
Employee Stock Grant	⁽³⁾							⁽²¹⁾	10/1/2026	Common Stock	32358.0		32358	D

Explanation of Responses:
(1)	These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
(2)	These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
(3)	Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
(4)	Twenty-five percent of this restricted stock unit grant vested on January 1, 2019 and thereafter, an additional 1/4th vests on each of October 1, 2019, October 1, 2020, and October 1, 2021.
(5)	These options became fully exercisable on October 1, 2015.
(6)	These options became fully exercisable on October 1, 2020.
(7)	These options become exercisable, if at all, based on the issuer's achievement of certain financial milestones.
(8)	These options became fully exercisable on October 1, 2016.
(9)	15/48th of this option grant vested on January 1, 2019 and thereafter, an additional 1/48th vests each month for thirty three months.
(10)	This option becomes exercisable, if at all, based on total shareholder return (TSR) milestones. TSR is calculated based on the change in a the issuer's stock price during the performance period, taking into account any dividends paid during that period, which are assumed to be reinvested in the stock.
(11)	Twenty-five percent of this restricted stock unit grant vested on January 1, 2020 and thereafter, an additional 1/4th vests on each of January 1, 2021, January 1, 2022, and January 1, 2023.
(12)	These options became fully exercisable on October 1, 2017.
(13)	15/48th of this option grant vested on January 1, 2020 and thereafter, an additional 1/48th will vest each month for thirty-three months.
(14)	Twenty-five percent of this restricted stock unit 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.
(15)	12/48th of this option grant vested on January 1, 2021 and thereafter, an additional 1/48th vests each month for thirty-six months.
(16)	Twenty-five percent of this restricted stock unit grant will vest 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.
(17)	These restricted stock units vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
(18)	These options vest, if at all, based on the Issuer's achievement of certain stock price appreciation milestones.
(19)	12/48th of this option grant will vest on January 1, 2022 and thereafter, 1/48th will vest each month for thirty-six months.
(20)	These options became fully exercisable on October 1, 2019.
(21)	These restricted stock units will vest, if at all, based on the issuer's achievement of certain financial milestones.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Angrick William P III C/O LIQUIDITY SERVICES, INC. 6931 ARLINGTON ROAD, SUITE 200 BETHESDA, MD 20814	X	X	Chairman of the Board and CEO