LivePerson, Inc. (Nasdaq: LPSN), in accordance with the requirements of Nasdaq Listing Rule 5635(c)(4), is providing a confirmatory notice of recent awards of stock-based incentive awards granted by LivePerson under its incentive plan.
LivePerson established the LivePerson Inc. Compensation Plan 2018 (the “Introduction Plan”) to provide stock-based awards to new hires. In connection with the recent employee hirings through November 30, 2022, LivePerson has granted RSUs totaling 162,912 stock options to 7 employees and stock options to 1 employee totaling 37,716 options.
RSU and stock option awards generally vest at 25% per year over a 4-year period under the incentive plan. All grants are subject to the grantee’s continued employment on the scheduled vesting date. Each award under the Compensation Plan was granted as Compensation Material to the beneficiary who takes up employment with the Company.