Five9, Inc. — Director's Dealing 2018

Jun 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: WELCH SCOTT (EVP, Cloud Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-04	Common Stock	S	6852	$36.56	Disposed	109758	Direct
2018-06-04	Common Stock	M	3907	$12.24	Acquired	113665	Direct
2018-06-04	Common Stock	M	4234	$8.13	Acquired	117899	Direct
2018-06-04	Common Stock	M	3094	$16.25	Acquired	120993	Direct
2018-06-04	Common Stock	S	11235	$36.94	Disposed	109758	Direct
2018-06-05	Common Stock	M	7000	$4.25	Acquired	116758	Direct
2018-06-05	Common Stock	S	7000	$37.45	Disposed	109758	Direct
2018-06-05	Common Stock	S	7310	$37.35	Disposed	102448	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-04	Stock Option (right to buy)	$12.24	M	3907	Disposed	2024-03-06	Common Stock (3907.0)	Direct
2018-06-04	Employee Stock Option (right to buy)	$8.13	M	4234	Disposed	2026-03-09	Common Stock (4234.0)	Direct
2018-06-04	Employee Stock Option (right to buy)	$16.25	M	3094	Disposed	2027-02-23	Common Stock (3094.0)	Direct
2018-06-05	Employee Stock Option (right to buy)	$4.25	M	7000	Disposed	2024-11-05	Common Stock (7000.0)	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 February 28, 2018.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.83 to $37.91, 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 $38.12, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.05 to $37.08, 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.

F7: The option dated March 6,2014 is fully vested.

F8: The option vests in 48 equal monthly installments beginning on the one month anniversary of February 18, 2016.

F9: The option vests in 48 equal monthly installments beginning on the one month anniversary of February 23, 2017.

F10: The option vests in 48 equal monthly installments beginning on the one month anniversary of November 5, 2014.