#United States #New York #NASDAQ #LivePerson #Inducement Plan

LivePerson's Inducement Grants: Rewarding New Talent

In a significant update, LivePerson, Inc. (Nasdaq: LPSN) has confirmed the recent issuance of equity-based incentive awards, adhering to the stipulations of the NASDAQ Listing Rule 5635(c)(4). This initiative underscores the company's ongoing commitment to attracting and retaining top-tier talent through the LivePerson Inc. 2018 Inducement Plan.

The Inducement Plan was strategically established to facilitate the provision of equity-based awards specifically for new hires during periods of active recruitment. In December 2024, LivePerson made noteworthy strides by granting restricted stock units (RSUs) to 19 new employees. Collectively, these grants accounted for a substantial 1,554,059 shares of the company's common stock.

Details of the RSU Awards

The breakdown of the awarded RSUs is as follows:

• - 608,000 RSUs will vest in equal installments on the first and second anniversaries of the grant date.
• - 401,472 RSUs will become fully vested six months post-grant.
• - The remaining 544,597 RSUs will vest in full just three months after the grant date.

It's essential to note that these RSUs are contingent on the grantees maintaining their employment with LivePerson until the scheduled vesting date. Each award granted under the Inducement Plan serves as a critical incentive for the new hires, playing a pivotal role in their decision to join the company amidst a competitive job market.

Why This Matters

LivePerson's proactive approach to incentivizing employees reflects a broader trend in the business landscape, where companies are increasingly recognizing the importance of ensuring that new employees feel valued from the outset. By offering equity-based awards, LivePerson not only enhances the financial prospects of its new hires but also fosters a culture of ownership and accountability.

About LivePerson, Inc.

As a trailblazer in trusted enterprise conversational AI, LivePerson enables some of the world's most prestigious brands, including HSBC, Chipotle, and Virgin Media, to engage with millions of consumers effectively. The company's award-winning Conversational Cloud platform is at the heart of nearly a billion conversational interactions every month. This volume of activity allows LivePerson to provide critical data analytics and safety tools, enhancing business outcomes through the power of conversational AI.

In recognition of its innovative solutions, LivePerson was honored as the #1 Most Innovative AI Company globally by Fast Company, highlighting its commitment to driving digital transformation and improving customer engagement.

Conclusion

The recent induction of equity-based incentive awards illustrates LivePerson's dedication to cultivating a dynamic and motivated workforce. As the company continues to expand and innovate in the realm of conversational AI, it remains focused on creating compelling opportunities for its employees, ensuring that they are invested not only in their roles but in the company's broader success. This approach is expected to yield long-term benefits, both for the employees and for LivePerson as a whole, as they navigate the challenges and opportunities of the rapidly evolving tech landscape.