SEC Form 4 · accession 0001288847-18-000021
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Gaurav Passi
Officer — EVP, Product Management
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 8:11 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 | Feb 26, 2018 | M | 105 | $10.12 | A | 89,974 | D | |
| Common StockF1 | Feb 26, 2018 | S | 105 | $29.52 | D | 89,869 | D | |
| Common Stock | Feb 26, 2018 | M | 2,937 | $4.25 | A | 92,806 | D | |
| Common StockF1 | Feb 26, 2018 | S | 2,937 | $29.52 | D | 89,869 | D | |
| Common Stock | Feb 26, 2018 | M | 4,641 | $8.13 | A | 94,510 | D | |
| Common StockF1 | Feb 26, 2018 | S | 4,641 | $29.52 | D | 89,869 | D | |
| Common Stock | Feb 26, 2018 | M | 7,364 | $16.25 | A | 97,233 | D | |
| Common StockF1 | Feb 26, 2018 | S | 7,364 | $29.52 | D | 89,869 | D | |
| Common StockF2 | Feb 26, 2018 | S | 971 | $29.51 | D | 88,898 | D | |
| Common Stock | Feb 26, 2018 | A | 18,166 | $0.00 | A | 107,064 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $10.12 | Feb 26, 2018 | M | 105 | A | — | Dec 18, 2023 | Common Stock | 105 | 0 | D |
| Employee Stock Option (right to buy)F4 | $4.25 | Feb 26, 2018 | M | 2,937 | A | — | Nov 5, 2024 | Common Stock | 2,937 | 8,813 | D |
| Employee Stock Option (right to buy)F5 | $8.13 | Feb 26, 2018 | M | 4,641 | A | — | Mar 9, 2026 | Common Stock | 4,641 | 37,125 | D |
| Employee Stock Option (right to buy)F6 | $16.25 | Feb 26, 2018 | M | 7,364 | A | — | Feb 23, 2027 | Common Stock | 7,364 | 51,412 | D |
| Employee Stock Option (right to buy)F7 | $25.90 | Feb 26, 2018 | A | 31,034 | A | — | Feb 26, 2028 | Common Stock | 31,034 | 31,034 | 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 $29.39 to $29.63, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.41 to $29.62, 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.
- F3The option is fully vested.
- F4The option vests in 48 equal monthly installments beginning on the one month anniversary of November 5, 2014.
- F5The option vests in 48 equal monthly installments beginning on the one month anniversary of February 18, 2016.
- F6The option vests in 48 equal monthly installments beginning on the one month anniversary of February 23, 2017.
- F7The option vests in 48 equal monthly installments beginning on the one month anniversary of February 26, 2018.