Liveperson Inc SEC Filings

James R. Miller, a director of LivePerson, Inc. (LPSN), was granted 200,000 restricted stock units (RSUs) on 08/25/2025 under the 2019 Stock Incentive Plan. Each RSU represents a contingent right to one share and the award will fully vest on 08/25/2026. The Form 4 reports the reporting person beneficially owns 364,944 shares following the transaction; the filer states that this total includes 280,000 unvested RSUs held after the grant. The Form 4 was signed on 08/27/2025 by an attorney-in-fact on behalf of Mr. Miller.

William Wesemann, a director of LivePerson, Inc. (LPSN), reported an acquisition of 200,000 restricted stock units (RSUs) on 08/25/2025 under the 2019 Stock Incentive Plan. Each RSU represents the contingent right to one share and was granted at a $0 purchase price. The RSUs are scheduled to fully vest on 08/25/2026. After the reported grant, the filing shows the reporting person beneficially owns 654,835 shares, which includes 280,000 unvested RSUs held by the reporting person following this transaction. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Wesemann on 08/27/2025.

LivePerson, Inc. (LPSN) director Karin-Joyce Tjon was granted 200,000 restricted stock units (RSUs) on 08/25/2025 under the 2019 Stock Incentive Plan. Each RSU represents the contingent right to one share of common stock and the award carries an exercise/issue price of $0. The RSUs will fully vest on 08/25/2026. After this grant, the reporting person holds 280,000 unvested RSUs in total. The Form 4 was filed by one reporting person and signed on 08/27/2025 by an attorney-in-fact.

Dan Fletcher, a director of LivePerson, Inc. (LPSN), was granted 200,000 restricted stock units (RSUs) on 08/25/2025 under the company's 2019 Stock Incentive Plan. Each RSU represents a contingent right to one share of common stock and the award will fully vest on 08/25/2026. After the grant, the reporting person beneficially owns 280,000 unvested RSUs. The Form 4 was signed by an attorney-in-fact on 08/27/2025. The filing discloses a standard equity compensation award to a director; no cash consideration was paid for the RSUs.

LivePerson director Vanessa Pegueros was granted 200,000 restricted stock units (RSUs) under the LivePerson, Inc. 2019 Stock Incentive Plan on 08/25/2025. Each RSU represents a contingent right to receive one share of common stock and the awarded RSUs will fully vest on 08/25/2026. After the grant, the reporting person is shown as beneficially owning 339,993 shares, which the filer notes includes 280,000 unvested RSUs held following the transaction. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/27/2025.

LivePerson, Inc. is soliciting shareholder approval at a virtual Special Meeting for two corporate charter amendments. The first would authorize a reverse stock split at a ratio between 1-for-5 and 1-for-20, with the Board permitted to set the final ratio and implementation timing within one year if approved. The second would increase authorized common shares by 1.5x, enabling automatic conversion of outstanding Series B Fixed Rate Convertible Perpetual Preferred Stock into a fixed number of common shares if approved. The Series B carries a $1,000 stated value, a Regular Dividend of 15% (increasing to 20% if outstanding after one year), and conversion and voting terms that would dilute existing common holders if conversion occurs. The Board and certain Noteholders and executives have agreed to vote in favor of both proposals.

Vector Capital-affiliated persons filed Amendment No. 3 to a Schedule 13D reporting collective beneficial ownership of 7,983,818 shares of LivePerson, Inc. common stock, representing 8.26% of the issued and outstanding shares based on 96,624,957 shares as of August 1, 2025. The cover pages show no sole voting or dispositive power; all reported power is shared. The filing states recent transactions during the prior 60 days were executed in open market transactions and references Exhibit 99.1 for details. Source of funds entries include AF and WC.

Insider sales by Vector Capital and affiliated parties reduced their stake in LivePerson Inc. (LPSN) across three days in August 2025. The Form 4 shows Vector Capital Management, L.P., Vector Capital, L.L.C. and Alexander R. Slusky reporting sales of Common Stock on 08/12/2025 (706,991 shares at a weighted average price of $1.0203), 08/13/2025 (955,412 shares at $0.9918) and 08/14/2025 (252,776 shares at $0.9774). After these transactions the reported beneficial ownership declined from 10,192,465 shares to 8,984,277 shares held indirectly through Vector Capital VI, L.P. The filing states that VCM, VCLLC and Mr. Slusky may be deemed to beneficially own the shares held by VCVI but disclaim ownership except to their pecuniary interest.