SEC Form 4 · accession 0002008679-26-000023
LIVEPERSON INC · LPSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony John Sabino
Officer — Chief Executive Officer · Director
Period of report
Sep 4, 2026
Accepted (ET)
Sep 4, 2026 · 4:10 pm EDT
Rule 10b5-1 plan
box not checked
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 | Sep 4, 2026 | D | 37,080 | — | D | 135,271 | D | |
| Common StockF3,F4 | Sep 4, 2026 | D | 135,271 | — | 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 | — | Sep 4, 2026 | D | 66,666 | D | — | — | Common Stock | 66,666 | 0 | D |
Explanation of responses
- F1On September 4, 2026, pursuant to the terms of the Amended and Restated Merger Agreement, dated as of July 2, 2026 (the "Merger Agreement"), by and among the Issuer, SoundHound AI, Inc., a Delaware corporation (the "Parent"), Lightspeed Merger Sub Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Merger Sub"), and Lightspeed Merger Sub II Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Merger Sub II"), Merger Sub merged with and into the Issuer and immediately thereafter, Merger Sub II merged with and into the Issuer, with the Issuer continuing as the surviving corporation as an indirect wholly owned subsidiary of Parent (the "Mergers").
- F2In connection with the Mergers, each share of Issuer common stock was cancelled and converted into the right to receive 0.4673 fully paid and nonassessable shares of Parent's Class A common stock (the "Per Share Merger Consideration"), subject to the terms and conditions of the Merger Agreement.
- F3Represents 135,271 restricted stock units previously awarded by the Issuer ("Company RSUs") and held by the reporting person immediately prior to the First Effective Time (as defined in the Merger Agreement).
- F4Pursuant to the Merger Agreement, at the First Effective Time, these Company RSUs were automatically assumed by Parent and converted into restricted stock units covering shares of Parent's Class A common stock (the "Assumed RSUs"). The Assumed RSUs will continue to have the same terms and conditions as applied to the corresponding award of Company RSUs immediately prior to the First Effective Time (including service-vesting and settlement terms, but excluding any performance-based vesting conditions). Each award of Assumed RSUs will cover the number of shares of Parent's Class A common stock (rounded down to the nearest whole share) equal to (i) the number of shares of Issuer common stock subject to the corresponding award of Company RSUs immediately prior to the First Effective Time, multiplied by (ii) the Per Share Merger Consideration.
- F5Pursuant to the Merger Agreement, each option to acquire shares of Issuer common stock (each "Option") previously granted by the Issuer to the reporting person that was outstanding and unexercised immediately prior to the First Effective Time, whether vested or unvested, was cancelled without any payment in respect thereof because the per-share exercise price of each Option exceeded the Per Share Cash Equivalent Consideration (as defined in the Merger Agreement). The number of shares underlying the Options reflects the Issuer's 1-for-15 reverse stock split effected October 13, 2025.