NEW
YORK, May 10, 2024 /PRNewswire/ -- LivePerson,
Inc. (Nasdaq: LPSN) is providing confirmatory notice, in compliance
with the requirements of Nasdaq Listing Rule 5635(c)(4), of recent
grants of equity-based incentive awards that LivePerson made under
the LivePerson Inc. 2018 Inducement Plan (the "Inducement
Plan").
LivePerson established the Inducement Plan for the purpose of
providing equity-based incentive awards to new hires and has done
so during active periods of hiring. As such, LivePerson made grants
under the Inducement Plan on various dates in connection with
recent employee hires which occurred between June 1, 2023 and April 30,
2024.
Such grants included 22 grants of restricted stock units
("RSUs") in respect of an aggregate of 1,367,572 shares of
LivePerson's common stock ("Common Stock"), including a grant of
RSUs on October 18, 2023, to
Jeffrey Ford, LivePerson's Chief
Accounting Officer, in respect of 240,642 shares of Common Stock.
Not included in the above figures are the equity-based incentive
awards granted to John Sabino,
LivePerson's Chief Executive Officer, that were previously reported
in a press release dated March 25,
2024.
The RSUs granted in June 2023
through January 2024 vest 25% per
year over 4 years, subject to each grantee's continued employment
on the scheduled vesting date. The RSUs granted in March 2024 and April
2024 vest 50% per year over 2 years, subject to each
grantee's continued employment on the scheduled vesting date.
Each award granted under the Inducement Plan was granted as an
inducement material to the grantee's entering into employment with
the Company.
About LivePerson, Inc.
LivePerson (NASDAQ: LPSN) is the enterprise leader in digital
customer conversations. The world's leading brands — including
HSBC, Chipotle, and Virgin Media — use our award-winning
Conversational Cloud platform to connect with millions of
consumers. We power nearly a billion conversational interactions
every month, providing a uniquely rich data set and AI-powered
solutions to accelerate contact center transformation, supercharge
agent productivity, and deliver more personalized customer
experiences. Fast Company named us the #1 Most Innovative AI
Company in the world. To talk with us or our AI, please visit
liveperson.com.
Investor Contact:
ir-lp@liveperson.com
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SOURCE LivePerson, Inc.