Filing Details
- Accession Number:
- 0001288847-17-000092
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-25 18:33:44
- Reporting Period:
- 2017-05-23
- Filing Date:
- 2017-05-25
- Accepted Time:
- 2017-05-25 18:33:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1288847 | Five9 Inc. | FIVN | Services-Computer Processing & Data Preparation (7374) | 943394123 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1628106 | Gaurav Passi | C/O Five9, Inc., Bishop Ranch 8, 4000 Executive Parkway, Suite 400 San Ramon CA 94583 | Evp, Product Management | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-05-23 | 4,896 | $4.25 | 132,980 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-05-23 | 18,562 | $8.13 | 151,542 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-05-23 | 35,576 | $8.48 | 187,118 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-05-23 | 59,034 | $21.46 | 128,084 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-05-23 | 5,678 | $21.46 | 122,406 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-05-24 | 920 | $8.48 | 123,326 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-05-24 | 920 | $21.30 | 122,406 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-05-24 | 9,414 | $8.48 | 131,820 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-05-24 | 9,414 | $21.30 | 122,406 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-05-23 | 4,896 | $0.00 | 4,896 | $4.25 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-05-23 | 18,562 | $0.00 | 18,562 | $8.13 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-05-23 | 35,576 | $0.00 | 35,576 | $8.48 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-05-24 | 920 | $0.00 | 920 | $8.48 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-05-24 | 9,414 | $0.00 | 9,414 | $8.48 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 20,563 | 2024-11-05 | No | 4 | M | Direct | |
| 55,688 | 2026-03-09 | No | 4 | M | Direct | |
| 8,759 | 2023-10-25 | No | 4 | M | Direct | |
| 7,839 | 2023-10-25 | No | 4 | M | Direct | |
| 0 | 2023-10-25 | No | 4 | M | Direct |
Footnotes
- 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.
- 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.
- 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.
- The option vests in 48 equal monthly installments beginning on the one month anniversary of November 5, 2014.
- The option vests in 48 equal monthly installments beginning on the one month anniversary of March 9, 2016.
- 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.
- The option granted on October 25, 2013 is now fully vested.
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