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Liveperson Inc. Director's Dealing 2017

Jul 27, 2017

6896_rns_2017-07-27_05c37a93-73ee-4c91-a27d-ff32a54a0286.pdf

Director's Dealing

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SEC Form 4

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person*
VASKEVITCH DAVID
2. Issuer Name and Ticker or Trading Symbol
LIVEPERSON INC [ LPSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X
Director
10% Owner
(Last)
(First)
(Middle)
C/O LIVEPERSON, INC.
475 TENTH AVENUE 5TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2017
Officer (give title
Other (specify
below)
below)
(Street)
NEW YORK
NY
10018
(City)
(State)
(Zip)
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
Line)
X
Form filed by One Reporting Person
Form filed by More than One Reporting Person
1. Title of Security (Instr. 3) 2. Transaction
Date
(Month/Day/Year)
2A. Deemed
Execution Date,
if any
(Month/Day/Year)
3.
Transaction
Code (Instr.
8)
4. Securities Acquired (A) or
Disposed Of (D) (Instr. 3, 4 and
5)
5. Amount of
Securities
Beneficially
Owned
Following
6. Ownership
Form: Direct
(D) or
Indirect (I)
(Instr. 4)
7. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
V
Code
Amount (A) or
Price
(D)
Reported
Transaction(s)
(Instr. 3 and 4)
Common Stock 07/24/2017 M 20,000 A \$9.20 20,000 D
Common Stock 07/24/2017 S 20,000 D \$11.35
(1)
0 D
Common Stock 07/24/2017 M 8,600 A \$10.01 8,600 D
Common Stock 07/24/2017 S 8,600 D \$11.35
(1)
0 D
Common Stock 07/24/2017 M 20,000 A \$9.44 20,000 D
Common Stock 07/24/2017 S 20,000 D \$11.35
(1)
0 D
Common Stock 07/25/2017 M 14,265 A \$10.01 14,265 D
Common Stock 07/25/2017 S 14,265 D \$11.52
(2)
0 D
Common Stock 07/26/2017 M 7,135 A \$10.01 7,135 D

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Common Stock 07/26/2017 S 7,135 D \$11.40
(3)
0 D
Common Stock 07/26/2017 M 30,000
A
\$7.20 30,000 D
Common Stock 07/26/2017 S 30,000 \$11.40
D
(3)
0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative
Security (Instr. 3)
2.
Conversion
or Exercise
Price of
Derivative
Security
3. Transaction
Date
(Month/Day/Year)
3A. Deemed
Execution Date,
if any
(Month/Day/Year)
4.
Transaction
Code (Instr.
8)
Derivative
Securities
and 5)
5. Number of
Acquired (A)
or Disposed of
(D) (Instr. 3, 4
6. Date
Exercisable and
Expiration Date
(Month/Day/Year)
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:
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
Stock Option (Right
to Buy)
\$9.20 07/24/2017 M 20,000 (4) 06/05/2023 Common Stock 20,000 \$0 0 D
Stock Option (Right
to Buy)
\$10.01 07/24/2017 M 8,600 (4) 06/03/2025 Common Stock 8,600 \$0 21,400 D
Stock Option (Right
to Buy)
\$9.44 07/24/2017 M 20,000 (4) 06/04/2024 Common Stock 20,000 \$0 0 D
Stock Option (Right
to Buy)
\$10.01 07/25/2017 M 14,265 (4) 06/03/2025 Common Stock 14,265 \$0 7,135 D
Stock Option (Right
to Buy)
\$10.01 07/26/2017 M 7,135 (4) 06/03/2025 Common Stock 7,135 \$0 0 D
Stock Option (Right
to Buy)
\$7.20 07/24/2017 M 30,000 (4) 06/01/2026 Common Stock 30,000 \$0 0 D

Explanation of Responses:

  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from \$11.30 to \$11.43, inclusive. The reporting person undertakes to provide to LivePerson, Inc., any security holder of LivePerson, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from \$11.50 to \$11.58, inclusive. The reporting person undertakes to provide to LivePerson,Inc., any security holder of LivePerson,Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from \$11.35 to \$11.48, inclusive. The reporting person undertakes to provide to LivePerson,Inc., any security holder of LivePerson,Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

  4. This option is fully vested and currently exercisable.

/s/ Monica Greenberg, Attorney in Fact 07/26/2017

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.