- LivePerson (LPSN, Financial) granted a total of 704,000 shares in restricted stock units (RSUs) during Q1 2025 as inducement awards.
- The RSUs will vest at 50% annually over a two-year period, contingent upon continued employment.
- Inducement grants aimed to attract new hires during active hiring periods at LivePerson.
LivePerson, Inc. (LPSN) has announced equity-based incentive awards under its 2018 Inducement Plan, as part of its hiring strategy for the first quarter of 2025. The company has issued a total of 704,000 restricted stock units (RSUs) in this period.
The inducement grants were distributed as follows: In January 2025, two grants were made totaling 516,000 shares. February saw two grants totaling 34,000 shares, and in March, three grants were issued totaling 154,000 shares. These RSUs were designed to act as material inducements for new hires joining the company.
All of the RSUs will vest at a rate of 50% per year over two years, contingent on the grantee's ongoing employment with LivePerson. This structured vesting schedule is intended to retain talent by incentivizing continued employment.
LivePerson, headquartered in New York, is a recognized leader in enterprise conversational AI and digital transformation, working with top global brands to enhance customer interactions through its Conversational Cloud platform.