Liveperson Inc. — Director's Dealing 2011

Mar 22, 2011

Page 1 of 1

SEC FORM 4

SEC Form 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

FORM 4

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----- Start of picture text ----- OMB APPROVALCOMMISSION OMB Number: 3235-0287Washington, D.C. 20549Expires: November 30,2011Check this box if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burdenX to Section 16. Form 4 or Form 5obligations may continue. See hours perresponse: 0.5Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the PublicUtilityHolding Company Act of 1935 or Section 30(h) of the Investment Company Act of 19401. Name and Address of Reporting Person [*] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to IssuerGILL EMMANUEL LIVEPERSON INC [ LPSN ] (Check all applicable)Director 10% OwnerOfficer (give title X Other (specify3. Date of Earliest Transaction (Month/Day/Year) below) below)(Last) (First) (Middle)03/08/2011 Former DirectorC/O LIVEPERSON, INC.462 SEVENTH AVENUE 3RD FLOOR4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (CheckApplicable Line)(Street) X Form filed by One Reporting PersonNEW YORK NY 10018 Form filed by More than One ReportingPerson(City) (State) (Zip)Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired 5. Amount 6. 7. Nature ofDate Execution Date, Transaction (A) or Disposed Of (D) of Ownership Indirect(Month/Day/Year) if any Code (Instr. (Instr. 3, 4 and 5) Securities Form: Beneficial(Month/Day/Year) 8) Beneficially Direct (D) OwnershipOwned or Indirect (Instr. 4)Following (I) (Instr. 4)Reported(A) TransactionCode V Amount or Price (s) (Instr. 3(D) and 4)Common Stock 03/08/2011 S 20,000 D $10.94(1) 818,454 DCommon Stock 219,949 I GilbridgeLtdTable II - Derivative Securities Acquired, Disposed of, or Beneficially Owned(e.g., puts, calls, warrants, options, convertible securities)1. Title of 2. 3. Transaction 3A. Deemed 4. 5. 6. Date Exercisable and 7. Title and 8. Price of 9. Number 10. 11. NatureDerivative Conversion Date Execution Date, Transaction Number Expiration Date Amount of Derivative of Ownership of IndirectSecurity or Exercise (Month/Day/Year) if any Code (Instr. of (Month/Day/Year) Securities Security derivative Form: Beneficial(Instr. 3) Price of (Month/Day/Year) 8) Derivative Underlying (Instr. 5) Securities Direct (D) OwnershipDerivative Securities Derivative Beneficially or Indirect (Instr. 4)Security Acquired Security Owned (I) (Instr. 4)(A) or (Instr. 3 and 4) FollowingDisposed Reportedof (D) Transaction(Instr. 3, 4 (s) (Instr. 4)and 5)AmountorNumberDate Expiration ofCode V (A) (D) Exercisable Date Title Shares----- End of picture text -----

Explanation of Responses:

1. The range of prices for the shares of Common Stock sold on this day is from $10.9000 to $10.9900. Mr. Gill undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.

/s/ Monica L. Greenberg,Attorney-in-Fact 03/10/2011

** 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 Number.

http://www.sec.gov/Archives/edgar/data/1102993/000114420411014121/xslF345X03/v21...

3/21/2011