SEC Form 4 · accession 0001102993-19-000020
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
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 7:26 am 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 StockF1,F2 | Feb 21, 2019 | A | 83,536 | $0.00 | A | 350,533 | D | |
| Common Stock | holding | — | — | — | 4,226,983 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $25.95 | Feb 21, 2019 | A | 116,410 | A | — | Feb 21, 2029 | Common Stock | 116,410 | 116,410 | D |
Explanation of responses
- F1The reporting person was granted two awards of restricted stock units under the terms of the LivePerson, Inc. 2009 Stock Incentive Plan consisting of (i) a grant of 35,366 restricted stock units, and (ii) a grant of 48,170 restricted stock units, each of which represents a contingent right to receive one share of common stock. Both restricted stock unit awards vest in equal installments on each of February 21, 2020, 2021 and 2022, subject to the reporting person's employment through each such vesting date.
- F2Number reported includes 262,702 unvested restricted stock units granted to and held by the reporting person following the transactions reported by this filing.
- F3This stock option, granted under the terms of the LivePerson, Inc. 2009 Stock Incentive Plan, is scheduled to vest in equal installments on each of February 21, 2020, 2021 and 2022, subject to the reporting person's employment through each such vesting date.