Company: LPSN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001102993-25-000187
Chunk: 85

Company: LIVEPERSON INC
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 85
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 or expired(16)299.59 Balance outstanding at September 30, 2025189 189.81 5.901 Options vested and expected to vest 160 221.32 5.331 Options exercisable at September 30, 202594 $355.85 2.94$1 The total fair value of stock options exercised during the nine months ended September 30, 2025 and 2024 was immaterial. As of September 30, 2025, there was $0.5 million of total unrecognized compensation cost related to nonvested share-based compensation arrangements. That cost is expected to be recognized over a weighted average period of approximately 2.3 years.Restricted Stock Unit and Performance-Vesting Restricted Stock Unit ActivityThe following table is a summary of the Company’s RSU and PRSU activity and weighted average grant date fair value for the nine months ended September 30, 2025:Number of SharesWeighted Average Grant Date Fair ValueAggregate Fair Value(In thousands)(Per share)(In thousands)Balance outstanding at December 31, 2024835 $30.45 Awarded649 13.37 Vested(474)25.40 Forfeited(152)32.73 Non-vested and outstanding at September 30, 2025858 19.00 7,508 Expected to vest 663 $18.76 $5,799 RSUs granted to employees generally vest over a one- to four-year period, or upon achievement of certain performance conditions. As of September 30, 2025, total unrecognized compensation cost, adjusted for estimated forfeitures, related to nonvested RSUs and PRSUs was $11.1 million and the weighted-average remaining vesting period was 1.17 years.PRSUs granted are generally subject to both a service-based vesting condition and a performance-based vesting condition. PRSUs will vest upon the achievement of specified performance targets and subject to continued service through the applicable vesting dates. The associated compensation cost is recognized over the requisite service period when it is probable that the performance condition will be satisfied. There were no PRSUs granted during the three and nine months ended September 30, 2025 and 2024, respectively. During the three months ended September 30, 2025, the outstanding PRSUs vested but have not been distributed as of September 30, 2025.Total stock-based compensation