SEC Form 4 · accession 0001288847-19-000007
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
Jan 23, 2019
Accepted (ET)
Jan 24, 2019 · 4:34 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 | Jan 23, 2019 | M | 1,032 | $16.25 | A | 63,831 | D | |
| Common StockF1,F2 | Jan 23, 2019 | S | 1,032 | $46.17 | D | 62,799 | D | |
| Common Stock | holding | — | — | — | 11,325 | 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)F3 | $16.25 | Jan 23, 2019 | M | 1,032 | D | — | Feb 23, 2027 | Common Stock | 1,032 | 25,785 | D |
Explanation of responses
- F1The option vests in 48 equal monthly installments beginning on the one month anniversary of February 28, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.35 to $47.01, 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 vests in 48 equal monthly installments beginning on the one month anniversary of February 23, 2017.