Barry Zwarenstein - 15 Aug 2022 Form 4 Insider Report for Five9, Inc. (FIVN)

Signature
/s/ David Hill, attorney-in-fact
Issuer symbol
FIVN
Transactions as of
15 Aug 2022
Net transactions value
-$907,470
Form type
4
Filing time
16 Aug 2022, 17:58:36 UTC
Previous filing
21 Jul 2022
Next filing
08 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Options Exercise $200,933 +8,168 +10% $24.60 86,741 15 Aug 2022 Direct
transaction FIVN Common Stock Options Exercise $54,758 +1,832 +2.1% $29.89 88,573 15 Aug 2022 Direct
transaction FIVN Common Stock Sale $509,872 -4,400 -5% $115.88 84,173 15 Aug 2022 Direct F1, F2
transaction FIVN Common Stock Sale $618,033 -5,300 -6.3% $116.61 78,873 15 Aug 2022 Direct F1, F3
transaction FIVN Common Stock Sale $35,256 -300 -0.38% $117.52 78,573 15 Aug 2022 Direct F1, F4
holding FIVN Common Stock 106,652 15 Aug 2022 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 -8,168 -100% $0.000000* 0 15 Aug 2022 Common Stock 8,168 $24.60 Direct F5
transaction FIVN Employee Stock Option (right to buy) Options Exercise $0 -1,832 -2.3% $0.000000 77,876 15 Aug 2022 Common Stock 1,832 $29.89 Direct F6
* 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 December 1, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.25 to $116.21, 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 $116.26 to $117.23, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.47 to $117.61, 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 option vests in 12 equal monthly installments beginning on the one month anniversary of December 2, 2017.
F6 The option vests in 48 equal monthly installments beginning on the one month anniversary of February 26, 2018.