SEC Form 4 · accession 0001288847-18-000102
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Welch
Officer — EVP, Cloud Operations
Period of report
Jun 18, 2018
Accepted (ET)
Jun 19, 2018 · 5:49 pm EDT
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 StockF1 | Jun 14, 2018 | G | 11,325 | $0.00 | D | 91,123 | D | |
| Common StockF1 | Jun 14, 2018 | G | 11,325 | $0.00 | A | 11,325 | I | by Trust |
| Common Stock | Jun 18, 2018 | M | 1,411 | $8.13 | A | 92,534 | D | |
| Common StockF2,F3 | Jun 18, 2018 | S | 1,411 | $38.45 | D | 91,123 | 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)F4 | $8.13 | Jun 18, 2018 | M | 1,411 | D | — | Mar 9, 2026 | Common Stock | 1,411 | 28,230 | D |
Explanation of responses
- F1Shares gifted by the reporting person on June 14, 2018 to a revocable trust.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2018.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.97 to $38.88, 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 February 18, 2016.