{"id":982001,"date":"2026-07-15T16:28:07","date_gmt":"2026-07-15T20:28:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/five9-announces-inducement-awards-under-nasdaq-listing-rule-5635c4\/"},"modified":"2026-07-15T16:28:07","modified_gmt":"2026-07-15T20:28:07","slug":"five9-announces-inducement-awards-under-nasdaq-listing-rule-5635c4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/five9-announces-inducement-awards-under-nasdaq-listing-rule-5635c4\/","title":{"rendered":"Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"

<\/p>\n

Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)<\/b><\/p>\n

SAN RAMON, Calif.–(BUSINESS WIRE<\/a>)–
\nFive9, Inc. (Nasdaq: FIVN) (\u201cFive9\u201d or the \u201cCompany\u201d), today announced that on July 13, 2026, the Company granted (i) a performance-based restricted stock unit award (the \u201cPRSU\u201d) covering 103,867 shares of the Company\u2019s common stock (\u201cShares\u201d) (at target) and a restricted stock unit award (the \u201cRSU\u201d) covering 207,734 Shares to Niranjan Vijayaragavan; (ii) a PRSU covering 60,722Shares (at target) and a RSU covering 121,444 Shares to Rob Hornish; (iii) a PRSU covering 39,948 Shares (at target) and a RSU covering 79,897 Shares to Sven Linsmaier; and (iv) a RSU covering 71,907Shares to Deniqua Crichlow (collectively, the \u201cInducement Awards\u201d). The Compensation Committee of the Board of Directors of the Company approved the grant of the Inducement Awards, which were each offered as a material inducement to each of Mr. Vijayaragavan, Mr. Hornish, Mr. Linsmaier, and Ms. Crichlow entering into employment with the Company, effective as of June 29, 2026, as the Chief Technology Officer, Chief Sales Officer, Executive Vice President, Head of Transformation and Strategy, and Senior Vice President, People, respectively. The Inducement Awards were each granted under the Five9, Inc. 2026 Inducement Equity Incentive Plan. 1\/3 of the RSUs will vest on June 3, 2027, and 1\/12th<\/sup> of the RSUs will vest quarterly thereafter, so that the RSUs are fully vested on June 3, 2029, subject to the executive\u2019s continuous service through the applicable vesting date. 60% of the PRSUs vest over a two-year performance period (January 1, 2026 through December 31, 2027) and 40% vest over a three-year performance period (January 1, 2026 through December 31, 2028), in each case, based on achievement of relative total shareholder return and subscription revenue growth performance metrics and subject to the executive\u2019s continuous service through the applicable payment date.<\/p>\n

\nThe awards were granted in reliance on the employment inducement exemption under the Nasdaq Stock Market Listing Rule 5635(c)(4), which requires public announcement of inducement awards. The Company is issuing this press release pursuant to Listing Rule 5635(c)(4).<\/p>\n

About Five9<\/b><\/p>\n

\nFive9 empowers organizations to create hyper-personalized and effortless AI-driven customer experiences that deliver better business outcomes. Powered by Five9 Genius AI, the Five9 Intelligent CX Platform is trusted by 3,000+ customers and 1,400+ partners globally. The New CX starts here, and it\u2019s at the heart of every winning experience. For more information, visit www.five9.com<\/a>.<\/p>\n

\nEngage with us @Five9<\/a>, LinkedIn<\/a>, Facebook<\/a>, Blog<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260715697330\/en\/<\/a><\/span><\/p>\n

Investor Contact:
\n<\/b>
Tony Righetti
\n
SVP, Investor Relations
\n
IR@five9.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology VoIP Audio\/Video Telecommunications Software Artificial Intelligence Internet<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) SAN RAMON, Calif.–(BUSINESS WIRE)– Five9, Inc. (Nasdaq: FIVN) (\u201cFive9\u201d or the \u201cCompany\u201d), today announced that on July 13, 2026, the Company granted (i) a performance-based restricted stock unit award (the \u201cPRSU\u201d) covering 103,867 shares of the Company\u2019s common stock (\u201cShares\u201d) (at target) and a restricted stock unit award (the \u201cRSU\u201d) covering 207,734 Shares to Niranjan Vijayaragavan; (ii) a PRSU covering 60,722Shares (at target) and a RSU covering 121,444 Shares to Rob Hornish; (iii) a PRSU covering 39,948 Shares (at target) and a RSU covering 79,897 Shares to Sven Linsmaier; and (iv) a RSU covering 71,907Shares to Deniqua Crichlow (collectively, the \u201cInducement Awards\u201d). The Compensation Committee of the Board of Directors of … <\/p>\n

Continue reading “Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-982001","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFive9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/five9-announces-inducement-awards-under-nasdaq-listing-rule-5635c4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) SAN RAMON, Calif.–(BUSINESS WIRE)– Five9, Inc. (Nasdaq: FIVN) (\u201cFive9\u201d or the \u201cCompany\u201d), today announced that on July 13, 2026, the Company granted (i) a performance-based restricted stock unit award (the \u201cPRSU\u201d) covering 103,867 shares of the Company\u2019s common stock (\u201cShares\u201d) (at target) and a restricted stock unit award (the \u201cRSU\u201d) covering 207,734 Shares to Niranjan Vijayaragavan; (ii) a PRSU covering 60,722Shares (at target) and a RSU covering 121,444 Shares to Rob Hornish; (iii) a PRSU covering 39,948 Shares (at target) and a RSU covering 79,897 Shares to Sven Linsmaier; and (iv) a RSU covering 71,907Shares to Deniqua Crichlow (collectively, the \u201cInducement Awards\u201d). 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