SEC Form 4 · accession 0000899243-16-015796
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Crane
Officer — EVP, Services
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 5:32 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 StockF1 | Mar 9, 2016 | A | 21,560 | $0.00 | A | 103,060 | D | |
| Common StockF3 | Mar 10, 2016 | S | 8,295 | $7.85 | D | 94,765 | 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)F4 | $8.13 | Mar 9, 2016 | A | 44,950 | A | — | Feb 18, 2026 | Common Stock | 44,950 | 44,950 | D |
Explanation of responses
- F1Includes 1,500 shares acquired under the Five9, Inc. employee stock purchase plan on November 13, 2015.
- F2The reported sales were to cover taxes upon the vesting of restricted stock units.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.77 to $7.91. 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.
- F4The option vests in 48 equal monthly installments beginning on the one month anniversary of February 18, 2016.