SEC Form 4 · accession 0000899243-16-015793
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel P. Burkland
Officer — See Remarks
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001288847
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2016 | A | 40,640 | $0.00 | A | 125,950 | D | |
| Common StockF2 | Mar 10, 2016 | S | 1,989 | $7.79 | D | 123,961 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $8.13 | Mar 9, 2016 | A | 84,700 | A | — | Feb 18, 2026 | Common Stock | 84,700 | 84,700 | D |
Explanation of responses
- F1The reported sales were to cover taxes upon the vesting of restricted stock units.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.78 to $7.88. The reporting person undertakes to provide Five9, Inc., any security holder of Five9, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The option vests in 48 equal monthly installments beginning on the one month anniversary of February 18, 2016.
Remarks
EVP, Sales & Business Development