Filed Pursuant to Rule 424(b)(3)
File No. 333-136249

LIVEPERSON, INC.
 
Prospectus Supplement No. 1 dated July 3, 2007
to the Prospectus Dated September 25, 2006
 
The information in this prospectus supplement concerning the selling stockholders amends the statements set forth under the caption “Selling Stockholders” in the prospectus.
 
The sole purpose of this prospectus supplement is to modify the “Selling Stockholders” section to reflect (i) the distribution of shares of our common stock by TW Investment Holdings LLC, which is listed as a selling stockholder in the prospectus, to its members, and the addition of such members as selling stockholders, (ii) the reallocation of shares of our common stock by Gregg Freishtat, who is listed as a selling stockholder in the prospectus, to an affiliate, and the addition of such affiliate as a selling stockholder, (iii) minor corrections, such as a change of entity name, providing full proper names of entities and individuals and the addition of a spouse’s name to reflect joint ownership, and (iv) the reallocation of shares of our common stock by Genesis Select Corp., which is listed as a selling stockholder in the prospectus, to affiliates, and the addition of such affiliates as selling stockholders.
 
This prospectus supplement should be read in conjunction with the prospectus, which is required to be delivered with this prospectus supplement. This prospectus supplement is qualified in its entirety by reference to the prospectus except to the extent that the information herein modifies or supersedes the information contained in the prospectus. Except as amended by this prospectus supplement, the “Selling Stockholders” section of the prospectus is not otherwise affected by this prospectus supplement.
 
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Investing in our common stock involves a high degree of risk. See “Risk Factors” beginning on page 2 of the prospectus.
 
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Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
 
 
 

 

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The information in the following table is presented as of July 3, 2007 and supersedes in its entirety the information in the table appearing under the heading “Selling Stockholders” in the prospectus:
 
Name
 
Number of Shares
Beneficially Owned
Prior to the Offering
 
 
Number of Shares
Offered Hereby
Gregg Freishtat
 
429,845
 
429,845
Number 3 Investment Partners, LLP
 
419,744
 
419,744
J. Stephen Hufford
 
11,076
 
11,076
Jenny T. Hufford
 
185
 
185
David Kassens
 
2,499
 
2,499
Neal W. McEwen
 
7,602
 
7,602
Albert Dodge McFall, Jr.
 
3,846
 
3,846
Jackson L. Wilson, III
 
26,852
 
26,852
Abraham Smith
 
196,185
 
196,185
Jack Blockley
 
196,185
 
196,185
Javad Ra’ed
 
12,323
 
12,323
Vikas Rijsinghani
 
14,279
 
14,279
Carolyn (Carrie) B. Catlin
 
4,283
 
4,283
John H. Casson
 
3,568
 
3,568
Paul Kaib
 
2,284
 
2,284
Yaron Yaniv
 
2,420
 
2,420
Fulmead Ventures Limited
 
255,181
 
255,181
Harvey A. Wagner
 
4,856
 
4,856
Adviesbeheer GIMV Information and Communication Technology NV
 
143,995
 
143,995
Fuqua Venture Partners I, LLC
 
316,229
 
316,229
GIMV N.V.
 
815,980
 
815,980
Kinetic Ventures VII, LLC (formerly known as Kinetic Ventures II, LLC)
 
496,087
 
496,087
Labrador Ventures IV, L.P.
 
260,172
 
260,172
MIMES, LLC
 
102,071
 
102,071
PAMICA N.V.
 
172,262
 
172,262
Hugh S. Asher
 
70
 
70
Juliet R. Asher
 
96
 
96
James Brian Atkins
 
126
 
126
Stephen M. Balton
 
96
 
96
Flavio R. Barbosa
 
60
 
60
Elizabeth M. Berry
 
2,979
 
2,979
Leonard E. Borg, Jr.
 
3,262
 
3,262
Phillip J. Corwin
 
1,118
 
1,118
Joseph M. Ferguson, III
 
41
 
41
First Growth Capital, Inc.
 
552
 
552
FJC Growth Capital Corporation
 
552
 
552
Robert F. Fogelman
 
7,162
 
7,162
Allen R. Graber
 
3,846
 
3,846
Jerrold J. Graber
 
4,601
 
4,601
Julie E. Graber
 
2,255
 
2,255
Martha S. Graber
 
2,255
 
2,255
 
 
 

 
 
Name
 
Number of Shares
Beneficially Owned
Prior to the Offering
 
 
Number of Shares
Offered Hereby
James Graves
 
484
 
484
John P. Imlay, Jr.
 
20,910
 
20,910
R. Phillip Jarrell, Jr.
 
78
 
78
JF Investments Partnership
 
989
 
989
Kirk P. Lakeman
 
1,118
 
1,118
Bobye G. List
 
2,492
 
2,492
Lucor Partners, Ltd.
 
96
 
96
James V. McCloskey
 
96
 
96
Memphis Together Partners
 
2,150
 
2,150
MSG Partners
 
192
 
192
NMF Partners
 
57
 
57
Oconee Venture Capital Fund 1 LLC
 
9,322
 
9,322
William N. Owen
 
104
 
104
Charles C. Pick
 
104
 
104
Paul T. Putzel & Judith Z. Putzel TTEES U/T/A Dtd 8/17/87
 
96
 
96
Robinson Humphrey Netlanta Fund I, L.P.
 
192
 
192
Harry Risinger
 
96
 
96
Arthur N. Seessel, III
 
96
 
96
Arthur N. Seessel, III Family Trust
 
96
 
96
Scott S. Selig
 
1,118
 
1,118
Severn Ventures, LLC
 
192
 
192
Gerald Silverman
 
57
 
57
Craig Stamm
 
143
 
143
TTM Ventures, LLC
 
192
 
192
Larry F. Wright, Sr.
 
96
 
96
Adrian M. Grant
 
93
 
93
Chris W. Simpson
 
728
 
728
Christopher W. Klaus
 
929
 
929
Craig C. Sellars
 
129
 
129
Craig H. Kessler and Jodi R. Kessler
 
231
 
231
Dubnow Family Ventures, LLC
 
929
 
929
Elizabeth W. Abernathy
 
185
 
185
Eric W. Hartz and Jennifer L. Hartz
 
185
 
185
Eurek Partners, LLC
 
929
 
929
Franklin Street Investments, LLC
 
556
 
556
Greg Malever
 
185
 
185
Jack Shakarshy
 
11,560
 
11,560
Jack W. Simpson, Sr. Revocable Trust
 
3,641
 
3,641
James N. Hufford Trust
 
464
 
464
John A. Richards
 
8,164
 
8,164
Leonard J. Grossman
 
651
 
651
Marc J. Gorlin Revocable Trust Dated 10/23/98, Marc J. Gorlin, Trustee
 
278
 
278
Matthew H. Neuberger and Susan L. Neuberger
 
260
 
260
Michael S. Karlin
 
929
 
929
NSA Investment Partnership
 
1,117
 
1,117
 
 
 

 
 
Name
 
Number of Shares
Beneficially Owned
Prior to the Offering
 
Number of Shares
Offered Hereby
Randolph W. Salisbury and Julie D. Salisbury
 
464
 
464
Raymond D. Gentry & Elizabeth A. Gentry
 
1,456
 
1,456
RBC Dain Rauscher as Custodian f/b/o Patrick G. Jones IRA
 
8,719
 
8,719
Richard S. Ressler
 
28,360
 
28,360
Robinson-Humphrey Netlanta Fund I, L.P.
 
1,395
 
1,395
Roy F. Cammarano
 
464
 
464
Sandoval, LLC
 
3,602
 
3,602
Seraphim Partners, LLC
 
1,860
 
1,860
Terry L. Moore, IV
 
1,706
 
1,706
Tod Trousdell
 
185
 
185
Budd Zuckerman
 
157,500
 
157,500
Steven Laird
 
30,000
 
30,000
Linda Blakely
 
750
 
750
Total
 
4,238,250
 
4,238,250