Company: LPSN
Filing Date: 2025-05-22
Form Type: DEF 14A
Source: 0001102993-25-000068
Chunk: 76

Company: LIVEPERSON INC
Filing Date: 2025-05-22
Form: DEF 14A
Chunk 76
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 overhang, which were impacted in 2024 by the recruitment of our new CEO and other key management members, (iii) the number of shares remaining available under the 2019 Stock Incentive Plan (as well as under our Inducement Plan), (iv) forecasted grants, (v) the realities of equity awards being a key component of designing competitive compensation packages necessary for retaining key talent, considered to fill essential, specific, roles tied to the execution of the Company’s business initiatives, (vi) our strategic growth plans, and (vii) the interests of our stockholders. Our Compensation Committee carefully monitors our total dilution and equity expense to ensure that we maximize

#### PROXY STATEMENT57
Proposal No. 4 Amendment and Restatement of the 2019 Stock Incentive Plan

stockholder value by granting only the appropriate number of equity awards necessary to attract, reward and retain employees. The 2019 Stock Incentive Plan does not contain an “evergreen” provision, so the number of shares available for issuance under the 2019 Stock Incentive Plan does not automatically increase each year.

The number of shares being requested to be newly authorized under the 2019 Stock Incentive Plan Amendment represents approximately 5.7% of the total number of shares outstanding as of April 30, 2025. The table below shows our burn rate for the prior three fiscal years.

|      |     | Time-Based Options Granted |     | Performance-Based Options Granted(1) |     | RSUs Granted |     | PRSUs Granted(2) |     | Performance-Based Options  and PRSUs Earned(3) |     | Weighted Average Common Shares Outstanding Each Year |     | Burn Rate - Time and Performance Awards Granted |     | Burn Rate - Time-Based Shares Granted and Performance Awards Earned |
| 2022 |     |                    993,000 |     |                                    — |     |    4,647,421 |     |          279,192 |     | —                                              |     |                                           74,509,404 |     | 8%                                              |     | 8%                                                                  |
| 2023 |     |                     18,349 |     |                                    — |     |    4,269,016 |     |           46,469 |     | —                                              |     |                                           78,593,274 |     | 6%                                              |     | 6%                                                                  |
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