Company: LPSN
Filing Date: 2025-05-22
Form Type: DEF 14A
Source: 0001102993-25-000068
Chunk: 73

Company: LIVEPERSON INC
Filing Date: 2025-05-22
Form: DEF 14A
Chunk 73
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 Includes 684,598 shares underlying options that are currently exercisable or that will be exercisable at or within 60 days of May 1, 2025 and 161,290 RSUs vesting within 60 days of May 1, 2025.

#### PROXY STATEMENT55
Proposal No. 4 Amendment and Restatement of the 2019 Stock Incentive Plan

#### PROPOSAL NO. 4
AMENDMENT TO THE AMENDED AND RESTATED 2019 STOCK INCENTIVE PLAN

We seek approval of an amendment (the “2019 Stock Incentive Plan Amendment”) to our Amended and Restated 2019 Stock Incentive Plan (the “2019 Stock Incentive Plan”). Our Board adopted the 2019 Stock Incentive Plan Amendment on May 22, 2025, the effectiveness of which is subject to receiving stockholder approval at the Annual Meeting. The 2019 Stock Incentive Plan Amendment provides for the following:

1. authorizes an increase in the number of shares of our common stock authorized for issuance under the 2019 Stock Incentive Plan by 5,340,000 shares (the “Share Increase”); and

2. clarifies that any dividend and dividend equivalent rights provided as part of any award under the 2019 Stock Incentive Plan may not allow for dividends to be paid currently, but rather all such dividends must be accrued and paid only when and if the underlying award vests (the “Dividend Amendment”).

The purpose of the 2019 Stock Incentive Plan Amendment is (i) to allow us to continue to use equity compensation to help attract, retain and motivate employees, to grow our business and develop new products, and to ultimately advance the interest of our stockholders by increasing stockholder value and (ii) further enhance the good governance features of the 2019 Stock Incentive Plan. Our Board strongly believes that the approval of the 2019 Stock Incentive Plan Amendment is critical to the ethos of a growth-focused technology company. As discussed more fully below, without stockholder approval of the 2019 Stock Incentive Plan Amendment under this Proposal No. 4, we will be unable to continue to make competitive equity grants under the 2019 Stock Incentive Plan to our key employees. We are making this request of stockholders in order to provide us with the opportunity to continue to utilize our 2019 Stock Incentive Plan, including the