Liveperson Inc. — Director's Dealing 2012

Mar 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LIVEPERSON INC (LPSN)
CIK: 0001102993
Period of Report: 2012-02-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-27	Common Stock	M	20000	$5.90	Acquired	21800	Direct
2012-02-27	Common Stock	S	20000	$15.99	Disposed	1800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-27	Stock Option (Right to Buy)	$5.90	M	20000	Disposed	2017-01-30	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1800	Indirect

Footnotes

F1: Sale effected under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3: All shares are currently vested and exercisable.