NEW
YORK, June 28, 2024 /PRNewswire/ -- LivePerson,
Inc. (Nasdaq: LPSN) is providing confirmatory notice, in compliance
with the requirements of Nasdaq Listing Rule 5635(c)(4), of recent
grants of equity-based incentive awards that LivePerson made under
the LivePerson Inc. 2018 Inducement Plan (the "Inducement
Plan").
LivePerson established the Inducement Plan for the purpose of
providing equity-based incentive awards to new hires and has done
so during active periods of hiring. As such, LivePerson made
grants under the Inducement Plan on June 21,
2024 in connection with recent employee hires.
Such grants included four grants of restricted stock units
("RSUs") in respect of an aggregate of 1,300,000 shares of
LivePerson's common stock ("Common Stock"), including a grant to
LivePerson's Chief Revenue Officer, in respect of 1,000,000 shares
of Common Stock.
Three of the RSU grants consist of RSUs that vest 50% per year
over two years, and one of the RSU grants consists of RSUs that
vest 100% on the one-year anniversary of the date of grant.
All of the RSU grants are subject to the grantee's continued
employment on the scheduled vesting date. Each award granted under
the Inducement Plan was granted as an inducement material to the
grantee's entering into employment with the Company.
About LivePerson, Inc.
LivePerson (NASDAQ: LPSN) is the enterprise leader in digital
customer conversations. The world's leading brands — including
HSBC, Chipotle, and Virgin Media — use our award-winning
Conversational Cloud platform to connect with millions of
consumers. We power nearly a billion conversational interactions
every month, providing a uniquely rich data set and AI-powered
solutions to accelerate contact center transformation, supercharge
agent productivity, and deliver more personalized customer
experiences. Fast Company named us the #1 Most Innovative AI
Company in the world. To talk with us or our AI, please visit
liveperson.com .
Investor Contact:
ir-lp@liveperson.com
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SOURCE LivePerson, Inc.