SEC Form 4 · accession 0001102993-16-000112
LIVEPERSON INC · LPSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P Locascio
Officer — Chief Executive Officer · Director
Period of report
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 6:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001102993
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 23, 2016 | M | 55,000 | $5.90 | A | 142,120 | D | |
| Common Stock | Nov 23, 2016 | F | 45,107 | $8.50 | D | 97,013 | D | |
| Common StockF2 | Nov 23, 2016 | D | 9,893 | $8.50 | D | 87,120 | D | |
| Common Stock | holding | — | — | — | 4,686,983 | I | By Ikon, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F4 | $5.90 | Nov 23, 2016 | M | 55,000 | D | — | Jan 30, 2017 | Common Stock | 55,000 | 0 | D |
Explanation of responses
- F1The exercise price of the option and related tax withholding were satisfied by the Issuer's withholding shares otherwise deliverable upon exercise of the option.
- F2These shares were repurchased by the Issuer pursuant to its stock buyback program. The repurchase price was the closing market price of the shares on the date of repurchase.
- F3The option is fully vested and currently exercisable.
- F4If not exercised, the option would have expired on 01/30/2017.