Michael Burkland - Dec 3, 2024 Form 4 Insider Report for Five9, Inc. (FIVN)

Signature
/s/ Leena Mansharamani, Attorney in Fact
Stock symbol
FIVN
Transactions as of
Dec 3, 2024
Transactions value $
-$521,392
Form type
4
Date filed
12/5/2024, 07:34 PM
Previous filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIVN Common Stock Sale -$521K -12.6K -4.97% $41.40 241K Dec 3, 2024 Direct F1, F2
holding FIVN Common Stock 133K Dec 3, 2024 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 12, 2024.
F2 The reported sales were to cover taxes upon the vesting of restricted stock units.