SEC Form 4 · accession 0001102993-17-000059
LIVEPERSON INC · LPSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin Dean
Officer — EVP, Global Sales/Cust Success
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 5:57 pm EDT
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 | May 16, 2017 | M | 8,700 | $3.23 | A | 8,700 | D | |
| Common StockF1 | May 16, 2017 | S | 8,700 | $10.12 | D | 0 | D | |
| Common Stock | May 16, 2017 | M | 5,000 | $1.79 | A | 5,000 | D | |
| Common StockF2 | May 16, 2017 | S | 5,000 | $10.04 | D | 0 | D | |
| Common Stock | May 16, 2017 | M | 11,250 | $9.24 | A | 11,250 | D | |
| Common StockF3 | May 16, 2017 | S | 11,250 | $9.88 | D | 0 | D | |
| Common Stock | May 16, 2017 | M | 8,300 | $7.02 | A | 8,300 | D | |
| Common Stock | May 16, 2017 | S | 8,300 | $9.91 | D | 0 | D | |
| Common StockF4 | May 17, 2017 | S | 14,042 | $9.49 | D | 0 | D |
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)F5 | $3.23 | May 16, 2017 | M | 8,700 | D | — | Apr 1, 2018 | Common Stock | 8,700 | 0 | D |
| Stock Option (Right to Buy)F5 | $1.79 | May 16, 2017 | M | 5,000 | D | — | Mar 5, 2019 | Common Stock | 5,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $9.24 | May 16, 2017 | M | 11,250 | D | — | Jul 1, 2023 | Common Stock | 11,250 | 0 | D |
| Stock Option (Right to Buy)F5 | $7.02 | May 16, 2017 | M | 8,300 | D | — | Jun 17, 2020 | Common Stock | 8,300 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.10 to $10.15, 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.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.88 to $10.12, 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.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.90, 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.
- F4The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.46 to $9.70, 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.
- F5The option is fully vested and currently exercisable.