SEC Form 4 · accession 0001288847-19-000030
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
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 6:33 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 22, 2019 | A | 23,469 | $0.00 | A | 86,268 | D | |
| Common Stock | Feb 25, 2019 | M | 1,031 | $16.25 | A | 87,299 | D | |
| Common StockF1,F2 | Feb 25, 2019 | S | 1,031 | $53.30 | D | 86,268 | 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 | $53.00 | Feb 22, 2019 | A | 16,990 | A | — | Feb 22, 2029 | Common Stock | 16,990 | 16,990 | D |
| Employee Stock Option (right to buy)F4 | $16.25 | Feb 25, 2019 | M | 1,031 | D | — | Feb 23, 2027 | Common Stock | 1,031 | 24,754 | D |
Explanation of responses
- F1The 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.95 to $53.71, 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 22, 2019.
- F4The option vests in 48 equal monthly installments beginning on the one month anniversary of February 23, 2017.