SEC Form 4 · accession 0001288847-18-000034
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Burkland
Director
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 7:52 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 | Mar 2, 2018 | M | 67,297 | $4.25 | A | 265,310 | D | |
| Common StockF1 | Mar 2, 2018 | S | 67,297 | $31.02 | D | 198,013 | D | |
| Common Stock | Mar 5, 2018 | M | 83,985 | $4.25 | A | 281,998 | D | |
| Common Stock | Mar 5, 2018 | M | 716 | $8.13 | A | 282,714 | D | |
| Common StockF2 | Mar 5, 2018 | S | 84,701 | $30.84 | D | 198,013 | D | |
| Common Stock | Mar 6, 2018 | M | 75,343 | $8.13 | A | 273,356 | D | |
| Common StockF3 | Mar 6, 2018 | S | 75,343 | $30.82 | D | 198,013 | D | |
| Common Stock | holding | — | — | — | 554,469 | I | By Trust |
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)F4 | $4.25 | Mar 2, 2018 | M | 67,297 | D | — | Nov 5, 2024 | Common Stock | 67,297 | 187,871 | D |
| Employee Stock Option (right to buy)F4 | $4.25 | Mar 5, 2018 | M | 83,985 | D | — | Nov 5, 2024 | Common Stock | 83,985 | 103,886 | D |
| Employee Stock Option (right to buy)F5 | $8.13 | Mar 5, 2018 | M | 716 | D | — | Mar 9, 2026 | Common Stock | 716 | 260,284 | D |
| Employee Stock Option (right to buy)F5 | $8.13 | Mar 6, 2018 | M | 75,343 | D | — | Mar 9, 2026 | Common Stock | 75,343 | 184,941 | 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 $30.01 to $31.45, 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 $30.35 to $31.32, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.25 to $31.26, 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.
- 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.