Home > Insider Trading > Filing (0001288847-17-000045)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1288847	Five9 Inc.	FIVN	Services-Computer Processing & Data Preparation (7374)	943394123

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1604097	Michael Burkland	C/O Five9, Inc. Bishop Ranch 8, 4000 Executive Parkway, Suite 400 San Ramon CA 94583	Ceo, President And Chairman	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-03-07	625,000	$0.12	1,623,253	No	4	M	Direct
Common Stock	Disposition	2017-03-07	625,000	$15.80	998,253	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2017-03-07	625,000	$0.00	625,000	$0.12

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
144,496		2018-05-20	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	72,000	Indirect	The Burkland Family Revocable Trust

Footnotes

Mr. Burkland exercised and sold 625,000 shares under an expiring 10 year option that was granted in May 2008, and which prior to this exercise, covered a total of 769,496 shares. Mr. Burkland's use of proceeds includes payment of the exercise price and satisfaction of required withholding taxes incurred in connection with the option exercise. Following this transaction, Mr. Burkland holds a total of 2,643,236 vested and unvested shares, RSUs and options.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.80 to $16.63, 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.
Original option grant was for 1,981,496 shares. Option began vesting with respect to 25% of shares subject to the option one year after January 24, 2008, and with respect to the remaining 75% of the shares subject to the option in 36 equal monthly installments thereafter.