SEC Form 4 · accession 0001628280-15-000341
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
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 5:33 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 | Jan 26, 2015 | M | 250,000 | $2.92 | A | 4,993,983 | D | |
| Common Stock | Jan 26, 2015 | F | 142,812 | $11.20 | D | 4,851,171 | D | |
| Common Stock | Jan 26, 2015 | G | 107,188 | $0.00 | D | 4,743,983 | 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,F4 | $2.92 | Jan 26, 2015 | M | 250,000 | A | — | Jan 27, 2015 | Common Stock | 250,000 | 0 | D |
Explanation of responses
- F1The exercise price of the option and the related tax withholding were satisfied by the Issuer's withholding shares otherwise deliverable upon exercise of the option.
- F2The reporting person made a bona fide gift to a charitable organization of all of the shares received upon exercise of the option that remained after the net exercise.
- F3The option is fully vested and currently exercisable.
- F4If not exercised, the option would have expired on 1/27/2015.