LivePerson Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN) is providing confirmatory notice, pursuant to the requirements of Nasdaq Listing Rule 5635(c)(4), of recent grants of equity-based incentive awards that LivePerson made under its Inducement Plan.
LivePerson established the LivePerson Inc. 2018 Inducement Plan (the "Inducement Plan") to provide equity-based incentive awards to new hires. In connection with recent employee hires through November 30, 2022, LivePerson has made grants of RSUs to 7 employees totaling 162,912 shares and grants of stock options to 1 employee totaling 37,716 options.
RSU and stock option grants genrally vest 25% per year over 4 years under the Inducement Plan. All grants are subject to the grantee's continued employment on the scheduled vesting date. Each award under the Inducement Plan was granted as an inducement material to the grantee entering into employment with the Company.
About LivePerson, Inc.
View original content to download multimedia:https://www.prnewswire.com/news-releases/liveperson-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-301695114.html
SOURCE LivePerson, Inc.
CEO Insights: Successful Business Strategies from Today's Tech CEOs
Grow Your MSP Business with Managed Print Services
Solutions Showcase TBA