Form 4: LivePerson Director Jill Layfield Receives 80,000 Restricted Stock Units

Director Jill Layfield of LivePerson, Inc. was granted 80,000 restricted stock units (RSUs) that will fully vest on December 16, 2025.

Summary

• Jill Layfield, a director at LivePerson, Inc., received 80,000 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of LivePerson common stock.
• The RSUs will fully vest on December 16, 2025.
• Following this transaction, Ms. Layfield beneficially owns 154,835 shares, including 139,881 unvested RSUs.

Sentiment

Score: 7

Explanation: The document reflects a routine grant of stock-based compensation, which is generally viewed positively as it aligns director interests with company performance. There are no negative implications.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the director.

Risks

• The value of the RSUs is dependent on the future stock price of LivePerson, Inc., which is subject to market fluctuations.

Future Outlook

The granted RSUs will vest on December 16, 2025, contingent on continued service.

Industry Context

The granting of stock-based compensation is a common practice for publicly traded companies to incentivize and retain key personnel, such as directors.

Comparison to Industry Standards

• Stock-based compensation, including RSUs, is a standard practice among publicly traded technology companies like LivePerson.
• Companies such as Salesforce, Adobe, and Oracle also use RSUs as part of their compensation packages for directors and executives.
• The vesting period of one year is also a common practice to ensure long term alignment of interests.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

restricted stock units, RSUs, stock grant, beneficial ownership, director, LivePerson, equity compensation