Company: LPSN
Filing Date: 2025-04-30
Form Type: 10-K/A
Source: 0001102993-25-000038
Chunk: 23

Company: LIVEPERSON INC
Filing Date: 2025-04-30
Form: 10-K/A
Chunk 23
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000 |     |                                                        608,000 |     |                                                                    — |     |                                                                                                          — |     |                                                                                                                                |

(1) The remaining unvested stock options held by each of Mr. Collins and Ms. Greenberg will vest on May 7, 2025, subject to the executive’s continued service with the Company through each vesting date and any accelerated provisions set forth in each executive’s employment agreement as described below in “ Potential Payments Upon Termination or Change in Contro l.”

(2) In connection with his hiring, Mr. Sabino was granted a stock option (the “ Sign-on Option ”) to acquire 1,000,000 shares of the Company’s common stock that will vest upon satisfaction of certain performance-based and time-based vesting conditions as further described above in the section of this Amendment titled “ Narrative Disclosure to Summary Compensation Table – Employment Agreements for our Named Executive Officers. ”

(3) For RSU awards granted prior to 2024, the total original number of shares subject to each RSU award listed in this column vests over four years, with 25% of the units vesting on the first anniversary of the grant date and the balance vesting in equal annual installments on each anniversary of the grant date. For RSU awards granted in 2024 to Mr. Collins and Ms. Greenberg, the total original number of shares subject to each RSU listed in this column become vested in full upon the first anniversary of the date of grant. For Mr. Sabino, 774,194 shares subject to his RSU awards will vest in two equal installments on the first two anniversaries of the date of grant, and 2,580,645 shares subject to his RSU award will vest as to 25% of the award on the first anniversary of the date of grant and then in 12 substantially equal quarterly installments thereafter.

(4) The market value of RSUs is based on the closing market price of the Company’s common stock on December 31, 2024 of $1.52 per share.

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(5) Amounts reported in this column represent performance-vesting restricted stock units (“PRSUs”) granted in 2022 which are earned and vest based on the achievement of certain company performance goals over a three-year performance period including the Company’s revenue and adjusted EBITDA achievement and relative TSR performance. The number reported in this column reflects the total number of PRSUs that