secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001102993-23-000059
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LivePerson approves retention bonuses for two execs amid CEO transition
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000059/0001102993-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000059/lpsn-20230724.htm
  HTML page:      https://secwatch.observer/filing/0001102993-23-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer