SEC Form 4 · accession 0001288847-19-000035
Five9, Inc. · FIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David G Dewalt
Director
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 6:21 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 StockF1 | Feb 27, 2019 | S | 74,000 | $53.66 | D | 328 | I | By Trust |
| Common Stock | Feb 28, 2019 | M | 38,000 | $0.96 | A | 43,344 | D | |
| Common StockF2 | Feb 28, 2019 | S | 38,000 | $53.03 | D | 5,344 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $0.96 | Feb 28, 2019 | M | 38,000 | D | — | Apr 27, 2022 | Common Stock | 38,000 | 227,400 | 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 $53.50 to $53.88, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.82 to $53.37, 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 substantially equal monthly installments beginning on the one-month anniversary of April 27, 2012. The option is fully vested.