Daniel P. Burkland - Jan 3, 2023 Form 4 Insider Report for Five9, Inc. (FIVN)

Role
Pres. & Chief Revenue Officer
Signature
/s/David Hill, attorney-in-fact
Stock symbol
FIVN
Transactions as of
Jan 3, 2023
Transactions value $
-$2,725,825
Form type
4
Date filed
1/5/2023, 03:55 PM
Previous filing
Dec 7, 2022
Next filing
Jan 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Options Exercise $178K +36.7K +26.12% $4.84 177K Jan 3, 2023 Direct
transaction FIVN Common Stock Options Exercise $60.7K +6.41K +3.61% $9.48 184K Jan 3, 2023 Direct
transaction FIVN Common Stock Sale -$872K -12.9K -6.99% $67.83 171K Jan 3, 2023 Direct F1, F2
transaction FIVN Common Stock Sale -$1.8M -26.2K -15.31% $68.96 145K Jan 3, 2023 Direct F1, F3
transaction FIVN Common Stock Sale -$239K -3.42K -2.36% $69.84 141K Jan 3, 2023 Direct F1, F4
transaction FIVN Common Stock Sale -$49.5K -700 -0.5% $70.66 141K Jan 3, 2023 Direct F1, F5

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 Stock Option (right to buy) Options Exercise $0 -36.7K -100% $0.00* 0 Jan 3, 2023 Common Stock 36.7K $4.84 Direct F6
transaction FIVN Stock Option (right to buy) Options Exercise $0 -6.41K -25% $0.00 19.2K Jan 3, 2023 Common Stock 6.41K $9.48 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 August 12, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.29 to $68.28, 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 $68.39 to $69.39, 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 $69.41 to $70.31, 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 $70.49 to $70.85, 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 January 25, 2013 is fully vested.
F7 The option granted on November 22, 2013 is fully vested.