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Five9 Announces Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

  • Five9 granted inducement equity awards on July 13, 2026, to four executives: Niranjan Vijayaragavan, Rob Hornish, Sven Linsmaier, & Deniqua Crichlow.
  • The awards were issued as material inducements for employment effective June 29, 2026, under the Five9, Inc. 2026 Inducement Equity Incentive Plan.
  • Niranjan Vijayaragavan received 103,867 PRSU shares & 207,734 RSU shares as Chief Technology Officer.
  • Rob Hornish received 60,722 PRSU shares & 121,444 RSU shares as Chief Sales Officer.
  • Sven Linsmaier received 39,948 PRSU shares & 79,897 RSU shares as Executive Vice President, Head of Transformation & Strategy.
  • Deniqua Crichlow received 71,907 RSU shares as Senior Vice President, People.
  • RSU vesting begins June 3, 2027, with 1/12 vesting quarterly thereafter until full vesting on June 3, 2029.
  • PRSU vesting includes 60% over a two-year performance period (January 1, 2026–December 31, 2027) & 40% over a three-year period (January 1, 2026–December 31, 2028).
  • PRSU performance metrics are based on relative total shareholder return & subscription revenue growth.
  • All awards were granted under Nasdaq Listing Rule 5635(c)(4) requiring public announcement of inducement awards.