SEC Form 4 · accession 0001288847-17-000004
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gaurav Passi
Officer — EVP, Product Management
Period of report
Jan 9, 2017
Accepted (ET)
Jan 10, 2017 · 8:08 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 | Jan 9, 2017 | M | 5,000 | $4.25 | A | 129,913 | D | |
| Common Stock | Jan 9, 2017 | S | 5,000 | $15.00 | D | 124,913 | 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 | Jan 9, 2017 | M | 5,000 | D | — | Nov 5, 2024 | Common Stock | 5,000 | 25,459 | D |
Explanation of responses
- F1Original option grant was for 47,000 shares. Option began vesting with respect to 1/48 of the shares subject to the option one month after November 5, 2014, and with respect to the remaining shares subject to the option, vests in 47 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 September 14, 2016.