Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Liveperson Inc. Director's Dealing 2019

Apr 19, 2019

6896_rns_2019-04-19_7d588f02-330f-4e22-8fc4-0ba3813566c7.pdf

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4

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

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

OMB APPROVAL
OMB Number: 3235-0287
Expires: _
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Greenberg Monica L.
LIVEPERSON INC [ LPSN ] 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
(Last)
C/O LIVEPERSON, INC.,
(First)
475 TENTH AVENUE, 5TH FLOOR
(Middle) 03/16/2019 3. Date of Earliest Transaction (Month/Day/Year) Director
10% Owner
Officer (give title
Other (specify
X
below)
below)
EVP, General Counsel
(Street)
NEW YORK
NY 10018 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
(City) (State) (Zip) 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. Transaction
Date
2A. Deemed
Execution Date,
3. 4. Securities Acquired (A) or 5. Amount of 6. Ownership 7. Nature
1. Title of Security (Instr. 3) 2. Transaction
Date
(Month/Day/Year)
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)
Code V Amount (A) or
(D)
Price Reported
Transaction(s)
(Instr. 3 and 4)
Common Stock 03/16/2019 S (1)
1,424
D \$28.82 (2)
16,658
D
Common Stock 04/11/2019 A (3)
10,000
A \$0 (4)
26,658
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)
5. Number of
Derivative
Securities
Acquired (A)
or Disposed of
(D) (Instr. 3, 4
and 5)
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
Common Stock \$29.55 04/11/2019 A 50,000 (5) 04/11/2029 Common Stock 50,000 \$0 50,000 D

Explanation of Responses:

  1. Shares sold in order to cover the reporting person's tax liability incurred in connection with the vesting of the reporting person's restricted stock units on March 16, 2019.

  2. Number reported includes 3,750 unvested restricted stock units granted to and held by the reporting person following the reported transaction.

  3. The reporting person was granted an award of restricted stock units under the terms of the LivePerson, Inc. 2009 Stock Incentive Plan consisting of a grant of 10,000 restricted stock units, which represents a contingent right to receive one share of common stock. The restricted stock unit award vests as follows: 25% of the units vest on April 11, 2020 and 6.25% of the units vest each quarter thereafter, subject to the reporting person's employment through each such vesting date.

  4. Number reported includes 13,750 unvested restricted stock units granted to and held by the reporting person as of the date of this filing.

  5. This stock option, granted under the terms of the LivePerson, Inc. 2009 Stock Incentive Plan, is scheduled to vest 25% on April 11, 2020 and 6.25% each quarter thereafter, subject to the reporting person's employment through each such vesting date.

/s/ Monica L. Greenberg 04/17/2019

** 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.