Liveperson Inc. — Director's Dealing 2012

May 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIVEPERSON INC (LPSN)
CIK: 0001102993
Period of Report: 2012-05-25

Reporting Person: Kovach Michael I. (SVP, Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-25	Common Stock	M	1500	$0.72	Acquired	1500	Indirect
2012-05-25	Common Stock	S	1500	$17.00	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-25	Stock Option (Right to Buy)	$0.72	M	1500	Disposed	2012-12-12	Common Stock (1500)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1800	Direct

Footnotes

F1: Held in a joint account with the Reporting Person's spouse. All prior forms showing indirect ownership of 1,800 shares of common stock by the Reporting Person's spouse are hereby amended and restated.

F2: All shares are currently vested and exercisable.