other material
confidence high
sentiment neutral
materiality 0.40
LivePerson approves retention bonuses for two execs amid CEO transition
LIVEPERSON INC
- John Collins eligible for $525K retention bonus; Monica Greenberg $450K.
- Bonuses paid in two equal installments on Jan 12, 2024 and July 12, 2024.
- Remaining bonus accelerated if terminated without cause or resign for good reason before July 12, 2024.
- Also get severance per agreements and accelerated vesting of equity that would vest in next 12 months.
- Program approved by Compensation Committee on July 24, 2023.