Company: LPSN
Filing Date: 2025-05-22
Form Type: DEF 14A
Source: 0001102993-25-000068
Chunk: 74

Company: LIVEPERSON INC
Filing Date: 2025-05-22
Form: DEF 14A
Chunk 74
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 ability to make annual equity grants in the normal course.

#### Purpose of the Proposed Amendment

#### Share Increase
If the 2019 Stock Incentive Plan Amendment is not approved, we will not have enough shares available under the 2019 Incentive Plan to continue use of our current equity compensation program.

Approval of the 2019 Stock Incentive Plan Amendment is needed at this time to replenish the pool of shares available for grant as equity and equity-based awards. Under our current compensation philosophy, a meaningful portion of our key personnel receive, on an annual basis, equity grants as part of their compensation package. We believe that equity ownership by our key personnel has a direct correlation to achieving both short- and long-term financial goals and creating stockholder value. Awarding equity allows us to:

• Retain and incentivize highly skilled and qualified employees, which is critical to our ability to execute, to compete effectively in the current technology market and to continue to grow our business;

• Create employee owners, which ultimately increases employee engagement, increases value and aligns employee interests with our stockholders; and

• Provide annual pay opportunities to key talent with a reasonable mix of cash and equity components reflective of market practice.

#### PROXY STATEMENT56
Proposal No. 4 Amendment to the Amended & Restated 2019 Stock Incentive Plan

In recent years, our ability to offer competitive equity compensation packages has been integral to hiring key performers and retaining such individuals whose contributions are instrumental in the operations of the Company, particularly with the goal of recruiting, retaining and motivating personnel that meet strategic talent requirements considered critical to the execution of the Company’s business strategy initiatives that arise from time to time.

We requested an increase in the number of shares authorized under the 2019 Stock Incentive Plan in 2024, and such increase was subsequently approved by our stockholders. As o f April 30, 2025, only 1,815,958 shares remained authorized for issuance as new equity awards under the 2019 Stock Incentive Plan. A number of factors, including continued pressure on our share price, depleted the 2019 Stock Incentive Plan share pool reserve. Based on the current availability, if the 2019 Stock Incentive Plan Amendment is not approved by our stockholders, our efforts to retain key employees, including our NEOs, may be significantly hampered because we will be limited in our ability to make grants to employees as part of retention awards, to recognize promotions, or as