{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-056157","form_type":"8-K","ticker":"FIVN","cik":"0001288847","company_name":"Five9, Inc.","filed_at":"2024-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.691935+00:00","generated_at":"2026-06-05T05:20:13.980712+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Five9 issues $747.5M of 1% convertible notes due 2029, repurchases $313.1M of 2025 notes","bullets":["Issued $747.5M principal amount 1.00% Convertible Senior Notes due 2029; net proceeds $728.8M.","Used $304.9M of net proceeds to repurchase ~$313.1M of its 0.500% 2025 convertible notes.","Used $93.4M for capped call transactions; remaining proceeds for working capital / general purposes.","Initial conversion price ~$79.42/share, 30% premium over $61.09 closing price on Feb 27, 2024.","Capped call cap price $122.18/share to reduce potential dilution on conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-056157","json":"https://secwatch.observer/filing/0001193125-24-056157.json","markdown":"https://secwatch.observer/filing/0001193125-24-056157.md","text":"https://secwatch.observer/filing/0001193125-24-056157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288847/000119312524056157/0001193125-24-056157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288847/000119312524056157/d747942d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:20:13.980712+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1e7b14d76a803ad19bcabcb7e21a92c78dd41371","claim":"Five9, Inc. incurred convertible notes of $97.5 million principal amount of Notes at 1.00% per year maturing March 15, 2029.","evidence_excerpt":"The Notes issued on March 1, 2024 include $97.5 million principal amount of Notes pursuant to the full exercise by the initial purchasers of such option.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288847/000119312524056157/0001193125-24-056157-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$97.5 million principal amount of Notes"},{"label":"Rate","value":"1.00% per year"},{"label":"Maturity","value":"March 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"802f4442e78ae557f18778974fc2d57bf3ed75de","claim":"Five9, Inc. incurred convertible notes of $747.5 million principal amount at 1.00% per year maturing March 15, 2029.","evidence_excerpt":"On March 1, 2024, Five9, Inc. (the “Company”) issued $747.5 million principal amount of its 1.00% Convertible Senior Notes due 2029 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288847/000119312524056157/0001193125-24-056157-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$747.5 million principal amount"},{"label":"Rate","value":"1.00% per year"},{"label":"Maturity","value":"March 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8a1134dd68af85fbdd6b35da3d973bf78d991743","claim":"Five9, Inc. entered into Indenture with U.S. Bank Trust Company, National Association (effective 2024-03-01).","evidence_excerpt":"The Notes were issued pursuant to, and are governed by an Indenture, dated March 1, 2024 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288847/000119312524056157/0001193125-24-056157-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Effective","value":"2024-03-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}