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Five9, Inc. — Director's Dealing 2017
May 26, 2017
31693_dirs_2017-05-25_a752fbf8-ef98-4a1e-a68c-a092e78f09d6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Five9, Inc. (FIVN)
CIK: 0001288847
Period of Report: 2017-05-23
Reporting Person: Passi Gaurav (EVP, Product Management)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-23 | Common Stock | M | 4896 | $4.25 | Acquired | 132980 | Direct |
| 2017-05-23 | Common Stock | M | 18562 | $8.13 | Acquired | 151542 | Direct |
| 2017-05-23 | Common Stock | M | 35576 | $8.48 | Acquired | 187118 | Direct |
| 2017-05-23 | Common Stock | S | 59034 | $21.46 | Disposed | 128084 | Direct |
| 2017-05-23 | Common Stock | S | 5678 | $21.46 | Disposed | 122406 | Direct |
| 2017-05-24 | Common Stock | M | 920 | $8.48 | Acquired | 123326 | Direct |
| 2017-05-24 | Common Stock | S | 920 | $21.30 | Disposed | 122406 | Direct |
| 2017-05-24 | Common Stock | M | 9414 | $8.48 | Acquired | 131820 | Direct |
| 2017-05-24 | Common Stock | S | 9414 | $21.30 | Disposed | 122406 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-23 | Employee Stock Option (right to buy) | $4.25 | M | 4896 | Disposed | 2024-11-05 | Common Stock (4896.0) | Direct |
| 2017-05-23 | Employee Stock Option (right to buy) | $8.13 | M | 18562 | Disposed | 2026-03-09 | Common Stock (18562.0) | Direct |
| 2017-05-23 | Employee Stock Option (right to buy) | $8.48 | M | 35576 | Disposed | 2023-10-25 | Common Stock (35576.0) | Direct |
| 2017-05-24 | Employee Stock Option (right to buy) | $8.48 | M | 920 | Disposed | 2023-10-25 | Common Stock (920.0) | Direct |
| 2017-05-24 | Employee Stock Option (right to buy) | $8.48 | M | 9414 | Disposed | 2023-10-25 | Common Stock (9414.0) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 23, 2017.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.27 to $21.96, 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.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.13 to $21.40, 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.
F4: The option vests in 48 equal monthly installments beginning on the one month anniversary of November 5, 2014.
F5: The option vests in 48 equal monthly installments beginning on the one month anniversary of March 9, 2016.
F6: The original option was for 44,335 shares. Option began vesting with respect to 25% of shares subject to the option one year after October 25, 2013, and with respect to the remaining 75% of the shares subject to the option in 36 equal monthly installments thereafter.
F7: The option granted on October 25, 2013 is now fully vested.