Five9 grants $8M retention awards to President; title changed to President and CRO

Five9, Inc.

Daniel Burkland appointed President and Chief Revenue Officer, effective immediately.
Receives RSUs valued at $2M vesting quarterly over two years subject to continued service.
Receives PRSUs valued at $6M tied to two quarterly revenue targets through Q4 2023.
Burkland is brother of Chairman Michael Burkland (related-party disclosure).
PRSUs vest in quarterly installments upon certification of revenue goal achievement.

item 5.02 item 9.01

Executive movements

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Role change

Daniel Burkland

President and Chief Revenue Officer

FIVN · Five9, Inc.

Effective: 2022-05-19
Filed: May 24, 2022, 7:59 PM ET

approved his new title of President and Chief Revenue Officer, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Burkland was appointed as President and Chief Revenue Officer at Five9, Inc..

Action: appointed
Role: President and Chief Revenue Officer

Exact text from the filing

approved his new title of President and Chief Revenue Officer, effective immediately.

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Five9, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-158111

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