Form 4: LivePerson Director William Wesemann Receives 80,000 Restricted Stock Units

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

Summary

• William Wesemann, a director at LivePerson, Inc., received 80,000 restricted stock units (RSUs) on December 16, 2024.
• These RSUs represent a contingent right to receive one share of common stock each.
• The RSUs will fully vest on December 16, 2025.
• Following this transaction, Mr. Wesemann beneficially owns 454,835 shares, including 139,881 unvested RSUs from previous grants.

Sentiment

Score: 7

Explanation: The document reflects a standard corporate practice of granting equity compensation to a director, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting period of one year may encourage long-term focus and commitment from the director.

Future Outlook

The RSUs will vest on December 16, 2025, contingent on the director's continued service.

Industry Context

Equity compensation, such as RSU grants, is a common practice for aligning the interests of directors and executives with the long-term performance of the company.

Comparison to Industry Standards

• RSU grants are a standard form of compensation for directors in publicly traded companies, similar to practices at companies like Salesforce and Oracle.
• The vesting period of one year is also typical, aligning with common industry practices for equity-based compensation.

Stakeholder Impact

• The RSU grant may be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.
• The grant does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Restricted Stock Units, RSU, Stock Grant, Director, Beneficial Ownership, LivePerson, Equity Compensation