Vector Capital Management, L.P. - Dec 18, 2023 Form 4 Insider Report for LIVEPERSON INC (LPSN)

Role
10%+ Owner
Signature
VECTOR CAPITAL VI, L.P., By: Vector Capital Partners VI, L.P., its General Partner, By: Vector Capital Partners VI, Ltd., its General Partner, By: /s/ David Baylor, David Baylor, Director
Stock symbol
LPSN
Transactions as of
Dec 18, 2023
Transactions value $
$6,294,268
Form type
4
Date filed
1/10/2024, 06:56 PM
Previous filing
Jan 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPSN Common Stock Purchase $331K +100K +1.1% $3.31 9.19M Dec 18, 2023 See Footnotes F1, F2, F3
transaction LPSN Common Stock Purchase $596K +175K +1.9% $3.41 9.37M Dec 20, 2023 See Footnotes F1, F2, F4
transaction LPSN Common Stock Purchase $846K +250K +2.67% $3.39 9.62M Dec 21, 2023 See Footnotes F1, F2, F5
transaction LPSN Common Stock Purchase $533K +153K +1.59% $3.49 9.77M Dec 22, 2023 See Footnotes F1, F2, F6
transaction LPSN Common Stock Purchase $50K +14.3K +0.15% $3.50 9.79M Dec 26, 2023 See Footnotes F1, F2, F7
transaction LPSN Common Stock Purchase $607K +169K +1.73% $3.59 9.96M Jan 3, 2024 See Footnotes F1, F2, F8
transaction LPSN Common Stock Purchase $655K +183K +1.83% $3.59 10.1M Jan 4, 2024 See Footnotes F1, F2, F9
transaction LPSN Common Stock Purchase $95.5K +26.6K +0.26% $3.59 10.2M Jan 5, 2024 See Footnotes F1, F2, F10
transaction LPSN Common Stock Purchase $108K +30K +0.3% $3.60 10.2M Jan 8, 2024 See Footnotes F1, F2, F11
transaction LPSN Common Stock Purchase $1.24M +350K +3.43% $3.54 10.5M Jan 9, 2024 See Footnotes F1, F2, F12
transaction LPSN Common Stock Purchase $1.23M +355K +3.37% $3.47 10.9M Jan 10, 2024 See Footnotes F1, F2, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock, par value $0.001 per share, of the Issuer ("Common Stock"), reported herein are held directly by Vector Capital VI, L.P. ("VCVI"). VCVI has delegated all voting and investment power over the securities in its portfolio to Vector Capital Management, L.P. ("VCM"), an investment adviser registered with the Securities and Exchange Commission (the "SEC").
F2 VCM, together with Vector Capital, L.L.C. ("VCLLC"), its general partner, and Alexander R. Slusky ("Mr. Slusky"), the managing member of VCLLC and Chief Investment Officer of VCM, may be deemed to beneficially own the Common Stock held directly by VCVI. Each of VCM, VCLLC and Mr. Slusky disclaims beneficial ownership of the Common Stock held by VCVI, except to the extent of its or his pecuniary interest, if any, therein. The inclusion of the Common Stock in this report shall not be deemed an admission by such reporting person of beneficial ownership for any other purpose.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.25 to $3.35, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.25 to $3.50, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.32 to $3.445, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.43 to $3.50, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.49 to $3.50, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F8 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.49 to $3.60, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F9 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.50 to $3.60, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F10 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.54 to $3.60, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F11 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.595 to $3.60, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F12 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.45 to $3.60, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
F13 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.32 to $3.60, inclusive. The Reporting Persons undertake to provide upon request by the staff of the SEC, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.