Jill Layfield - Oct 5, 2023 Form 4 Insider Report for LIVEPERSON INC (LPSN)

Role
Director
Signature
Monica Greenberg, Attorney-in-Fact for Jill Layfield
Stock symbol
LPSN
Transactions as of
Oct 5, 2023
Transactions value $
$0
Form type
4
Date filed
10/10/2023, 06:30 PM
Previous filing
Sep 22, 2022
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPSN Common Stock Award $0 +59.9K +400.43% $0.00 74.8K Oct 5, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reporting person was granted an award of restricted stock units under the terms of the LivePerson, Inc. 2019 Stock Incentive Plan consisting of a grant of 59,881 restricted stock units (the "RSUs"), each of which represents a contingent right to receive one share of common stock. These RSUs will vest on October 5, 2024.
F2 Number reported includes 59,881 unvested restricted stock units granted to and held by the reporting person following the reported transaction.