SEC Form 4 · accession 0001288847-16-000112
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Welch
Officer — EVP, Cloud Operations
Period of report
Aug 31, 2016
Accepted (ET)
Sep 2, 2016 · 4:13 pm EDT
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 | Aug 31, 2016 | M | 8,472 | $4.25 | A | 207,784 | D | |
| Common Stock | Aug 31, 2016 | S | 8,472 | $15.00 | D | 199,312 | 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)F1 | $4.25 | Aug 31, 2016 | M | 8,472 | D | — | Nov 5, 2024 | Common Stock | 8,472 | 56,000 | D |
Explanation of responses
- F1Original option grant was for 84,000 shares. Option began vesting with respect to 25% of shares subject to the option one year after November 5, 2014, and with respect to the remaining 75% of the shares subject to the option vests in 36 equal monthly installments thereafter.
Remarks
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2016.