SEC Form 4 · accession 0001288847-17-000137
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
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 4:14 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 | Nov 16, 2017 | M | 2,954 | $4.25 | A | 105,003 | D | |
| Common StockF1 | Nov 16, 2017 | S | 2,954 | $25.09 | D | 102,049 | 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)F2 | $4.25 | Nov 16, 2017 | M | 2,954 | D | — | Nov 5, 2024 | Common Stock | 2,954 | 17,609 | D |
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 $25.00 to $25.20, 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.
- F2The option vests in 48 equal monthly installments beginning on the one month anniversary of November 05, 2014.