SEC Form 4 · accession 0001102993-17-000069
LIVEPERSON INC · LPSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Lavan
Director
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 6:19 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 | Jun 5, 2017 | M | 10,000 | $6.54 | A | 16,000 | D | |
| Common StockF1 | Jun 5, 2017 | D | 3,771 | $10.50 | D | 12,229 | D | |
| Common StockF2 | Jun 5, 2017 | F | 6,229 | $10.50 | D | 6,000 | 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)F3 | $10.60 | Jun 2, 2017 | A | 30,000 | A | — | Jun 1, 2027 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (Right to Buy)F4,F5 | $6.54 | Jun 5, 2017 | M | 10,000 | A | — | Jun 12, 2017 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The option was exercised and the shares acquired upon such exercise are currently held by the reporting person and have not been sold.
- 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.
- F3This option will become fully exercisable on June 2, 2018.
- F4The option was fully vested and currently exercisable.
- F5If not exercised, the option would have expired on June 12, 2017.