SCOTT WELCH - 04 Jun 2021 Form 4 Insider Report for Five9, Inc. (FIVN)

Signature
/s/ David Hill, attorney-in-fact
Issuer symbol
FIVN
Transactions as of
04 Jun 2021
Net transactions value
-$1,378,229
Form type
4
Filing time
08 Jun 2021, 18:02:24 UTC
Next filing
13 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Sale $150,819 -977 -2.3% $154.37 40,878 04 Jun 2021 Direct F1, F2, F3
transaction FIVN Common Stock Sale $209,357 -1,346 -3.3% $155.54 39,532 04 Jun 2021 Direct F1, F2, F4
transaction FIVN Common Stock Options Exercise $110,593 +3,700 +9.4% $29.89 43,232 04 Jun 2021 Direct
transaction FIVN Common Stock Options Exercise $56,233 +1,061 +2.5% $53.00 44,293 04 Jun 2021 Direct
transaction FIVN Common Stock Options Exercise $65,856 +911 +2.1% $72.29 45,204 04 Jun 2021 Direct
transaction FIVN Common Stock Sale $151,930 -984 -2.2% $154.40 44,220 04 Jun 2021 Direct F2, F5
transaction FIVN Common Stock Sale $283,174 -1,820 -4.1% $155.59 42,400 04 Jun 2021 Direct F2, F6
transaction FIVN Common Stock Sale $235,110 -1,500 -3.5% $156.74 40,900 04 Jun 2021 Direct F2, F7
transaction FIVN Common Stock Sale $100,570 -637 -1.6% $157.88 40,263 04 Jun 2021 Direct F2, F8
transaction FIVN Common Stock Sale $45,671 -288 -0.72% $158.58 39,975 04 Jun 2021 Direct F1, F9
transaction FIVN Common Stock Sale $175,527 -1,100 -2.8% $159.57 38,875 04 Jun 2021 Direct F2, F10
transaction FIVN Common Stock Sale $242,591 -1,511 -3.9% $160.55 37,364 04 Jun 2021 Direct F2, F11
transaction FIVN Common Stock Sale $16,163 -100 -0.27% $161.63 37,264 04 Jun 2021 Direct F2
holding FIVN Common Stock 4,500 04 Jun 2021 by Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FIVN Employee Stock Option (right to buy) Options Exercise $0 -3,700 -25% $0.000000 11,103 04 Jun 2021 Common Stock 3,700 $29.89 Direct F12
transaction FIVN Employee Stock Option (right to buy) Options Exercise $0 -1,061 -12% $0.000000 7,434 04 Jun 2021 Common Stock 1,061 $53.00 Direct F13
transaction FIVN Employee Stock Option (right to buy) Options Exercise $0 -911 -8.3% $0.000000 10,026 04 Jun 2021 Common Stock 911 $72.29 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sales were to cover taxes upon the vesting of restricted stock units.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2020.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.04 to $154.73, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.16 to $155.94, 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 $154.08 to $154.94, 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 $155.17 to $156.10, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.25 to $157.23, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.44 to $158.20, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.39 to $158.58, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.15 to $159.99, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.52 to $160.81, 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.
F12 The option vests in 48 equal monthly installments beginning on the one month anniversary of February 26, 2018.
F13 The option vests in 48 equal monthly installments beginning on the one month anniversary of February 22, 2019.
F14 The option vests in 48 equal monthly installments beginning on the one month anniversary of February 24, 2020.