LivePerson, Inc. (NASDAQ: LPSN) announced inducement grants made in December 2024 under its 2018 Inducement Plan. The company granted restricted stock units (RSUs) to 19 new employees, totaling 1,554,059 shares of LivePerson's common stock.
The vesting schedules for these RSUs vary: 608,000 shares vest in equal installments on the first and second anniversaries of the grant date, 401,472 shares vest in full six months after the grant date, and 544,597 shares vest in full three months after the grant date.
These RSU awards were granted as a material inducement for the new employees to join LivePerson, reflecting the company's ongoing efforts to attract and retain talent. All grants are subject to the grantee's continued employment on the scheduled vesting date.
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