Five9, Inc. — Director's Dealing 2018

Jun 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Five9, Inc. (FIVN)
CIK: 0001288847
Period of Report: 2018-06-04

Reporting Person: Passi Gaurav (EVP, Product Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-04	Common Stock	S	4771	$36.57	Disposed	91123	Direct
2018-06-04	Common Stock	M	4284	$16.25	Acquired	95407	Direct
2018-06-04	Common Stock	M	4640	$8.13	Acquired	100047	Direct
2018-06-04	Common Stock	S	8924	$36.94	Disposed	91123	Direct
2018-06-05	Common Stock	M	3917	$4.25	Acquired	95040	Direct
2018-06-05	Common Stock	S	3917	$37.40	Disposed	91123	Direct
2018-06-05	Common Stock	S	7535	$37.40	Disposed	83588	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-04	Employee Stock Option (right to buy)	$16.25	M	4284	Disposed	2027-02-23	Common Stock (4284.0)	Direct
2018-06-04	Employee Stock Option (right to buy)	$8.13	M	4640	Disposed	2026-03-09	Common Stock (4640.0)	Direct
2018-06-05	Employee Stock Option (right to buy)	$4.25	M	3917	Disposed	2024-11-05	Common Stock (3917.0)	Direct

Footnotes

F1: The reported sales were to cover taxes upon the vesting of restricted stock units.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.28 to $36.80, 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2018.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.84 to $37.77, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.05 to $38.03, 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.

F6: The option vests in 48 equal monthly installments beginning on the one month anniversary of February 23, 2017.

F7: The option vests in 48 equal monthly installments beginning on the one month anniversary of February 18, 2016.

F8: The option vests in 48 equal monthly installments beginning on the one month anniversary of November 5, 2014.