SEC Form 4 · accession 0001288847-16-000128
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jayendra Das
Director
Period of report
Sep 6, 2016
Accepted (ET)
Sep 8, 2016 · 4:34 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 StockF1,F2 | Sep 6, 2016 | S | 167,920 | $15.58 | D | 1,511,286 | I | See Footnote |
| Common StockF3 | holding | — | — | — | 67,173 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.27 to $15.93, inclusive. 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.
- F2These shares are held by Sapphire Ventures Fund I, LP ("Sapphire"). Sapphire Ventures (GPE) I, L.L.C. is the general partner of Sapphire. Mr. Das is a managing member of Sapphire Ventures (GPE) I, LLC. Mr. Das disclaims beneficial ownership of all shares held by Sapphire except to the extent of his pecuniary interest therein.
- F3Under Sapphire's partnership agreement, Mr. Das is deemed to hold the common stock for the benefit of Sapphire. Mr. Das disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.