SEC Form 4 · accession 0001288847-18-000023

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

Scott Welch

Officer — EVP, Cloud Operations

Period of report

Feb 26, 2018

Accepted (ET)

Feb 28, 2018 · 8:25 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
Common Stock	Feb 26, 2018	M	15,750	$4.25	A	119,113	D
Common Stock^F1	Feb 26, 2018	S	15,750	$29.55	D	103,363	D
Common Stock	Feb 26, 2018	M	12,704	$8.13	A	116,067	D
Common Stock^F1	Feb 26, 2018	S	12,704	$29.55	D	103,363	D
Common Stock	Feb 26, 2018	M	61,546	$12.24	A	164,909	D
Common Stock^F1	Feb 26, 2018	S	61,546	$29.55	D	103,363	D
Common Stock	Feb 26, 2018	A	25,097	$0.00	A	128,460	D
Common Stock	Feb 27, 2018	M	32,058	$12.24	A	160,518	D
Common Stock^F2	Feb 27, 2018	S	32,058	$29.56	D	128,460	D
Common Stock	Feb 27, 2018	M	12,376	$16.25	A	140,836	D
Common Stock^F2	Feb 27, 2018	S	12,376	$29.56	D	128,460	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)^F3	$4.25	Feb 26, 2018	M	15,750	A	—	Nov 5, 2024	Common Stock	15,750	15,750	D
Employee Stock Option (right to buy)^F4	$8.13	Feb 26, 2018	M	12,704	A	—	Mar 9, 2026	Common Stock	12,704	33,875	D
Stock Option (right to buy)^F5	$12.24	Feb 26, 2018	M	61,546	A	—	Mar 6, 2024	Common Stock	61,546	35,965	D
Employee Stock Option (right to buy)^F6	$25.90	Feb 26, 2018	A	42,874	A	—	Feb 26, 2028	Common Stock	42,874	42,874	D
Stock Option (right to buy)^F5	$12.24	Feb 27, 2018	M	32,058	A	—	Mar 6, 2024	Common Stock	32,058	3,907	D
Employee Stock Option (right to buy)^F7	$16.25	Feb 27, 2018	M	12,376	A	—	Feb 23, 2027	Common Stock	12,376	37,131	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 $28.95 to $29.94, 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 $29.28 to $29.76, 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.
F3Option began vesting in 48 equal monthly installments on the one-month anniversary of November 5, 2014.
F4Option began vesting in 48 equal monthly installments on the one-month anniversary of February 18, 2016.
F5Option began vesting with respect to 25% of shares subject to the option one year after March 3, 2014, and with respect to the remaining 75% of the shares subject to the option in 36 equal monthly installments thereafter.
F6The option vests in 48 equal monthly installments beginning on the one month anniversary of February 26, 2018.
F7The option vests in 48 equal monthly installments beginning on the one month anniversary of February 23, 2017.