Daniel P. Burkland - 23 Jan 2023 Form 4 Insider Report for Five9, Inc. (FIVN)

Role
Pres. & Chief Revenue Officer
Signature
/s/David Hill, attorney-in-fact
Issuer symbol
FIVN
Transactions as of
23 Jan 2023
Net transactions value
-$3,062,067
Form type
4
Filing time
25 Jan 2023, 16:29:23 UTC
Previous filing
05 Jan 2023
Next filing
03 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Options Exercise $57,828 +6,100 +4.3% $9.48 146,716 23 Jan 2023 Direct
transaction FIVN Common Stock Sale $1,095,000 -14,600 -10% $75.00 132,116 23 Jan 2023 Direct F1, F2
transaction FIVN Common Stock Options Exercise $124,406 +13,123 +9.9% $9.48 145,239 24 Jan 2023 Direct
transaction FIVN Common Stock Sale $2,149,301 -28,623 -20% $75.09 116,616 24 Jan 2023 Direct F1, F3

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 -6,100 -32% $0.000000 13,123 23 Jan 2023 Common Stock 6,100 $9.48 Direct F4
transaction FIVN Stock Option (right to buy) Options Exercise $0 -13,123 -100% $0.000000* 0 24 Jan 2023 Common Stock 13,123 $9.48 Direct F4
* 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 $75.00 to $75.09, 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 $75.00 to $75.35, 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 option granted on November 22, 2013 is fully vested.