Daniel P. Burkland - Jun 9, 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
Jun 9, 2023
Transactions value $
-$2,170,576
Form type
4
Date filed
6/13/2023, 04:37 PM
Previous filing
Jun 7, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Options Exercise $230K +16K +12.72% $14.39 142K Jun 9, 2023 Direct
transaction FIVN Common Stock Sale -$2.4M -32K -22.56% $75.03 110K Jun 9, 2023 Direct F1, F2

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 -16K -26.92% $0.00 43.5K Jun 9, 2023 Common Stock 16K $14.39 Direct F3
* 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 $75.27, 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 option vests in 48 equal monthly installments beginning on the one month anniversary of November 14, 2016.