Barry Zwarenstein - Sep 17, 2021 Form 4 Insider Report for Five9, Inc. (FIVN)

Signature
/s/ David Hill, attorney-in-fact
Stock symbol
FIVN
Transactions as of
Sep 17, 2021
Transactions value $
-$2,039,672
Form type
4
Date filed
9/20/2021, 05:13 PM
Previous filing
Sep 9, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Options Exercise $97.2K +10.2K +13.04% $9.48 88.8K Sep 17, 2021 Direct
transaction FIVN Common Stock Options Exercise $36.6K +2.25K +2.53% $16.25 91.1K Sep 17, 2021 Direct
transaction FIVN Common Stock Sale -$390K -2.26K -2.48% $172.54 88.8K Sep 17, 2021 Direct F1, F2
transaction FIVN Common Stock Sale -$861K -4.96K -5.59% $173.50 83.8K Sep 17, 2021 Direct F1, F3
transaction FIVN Common Stock Sale -$580K -3.33K -3.97% $174.55 80.5K Sep 17, 2021 Direct F1, F4
transaction FIVN Common Stock Sale -$342K -1.95K -2.43% $175.21 78.6K Sep 17, 2021 Direct F1, F5
holding FIVN Common Stock 98.8K Sep 17, 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 -10.2K -100% $0.00* 0 Sep 17, 2021 Common Stock 10.2K $9.48 Direct F6
transaction FIVN Employee Stock Option (right to buy) Options Exercise $0 -2.25K -4.09% $0.00 52.8K Sep 17, 2021 Common Stock 2.25K $16.25 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.94 to $172.93, 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 $172.99 to $173.99, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.00 to $175.00, 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 $175.05 to $175.46, 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 granted on November 22, 2013 is fully vested.
F7 The option granted on February 23, 2017 is fully vested.