Amendment to Five9, Inc. Amended and Restated 2004 Equity Incentive Plan
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Summary
Five9, Inc.'s Board of Directors approved an amendment to its 2004 Equity Incentive Plan on March 6, 2014, increasing the total shares of common stock available under the plan by 400,000, bringing the total to 47,931,331 shares. The amendment also raised the maximum number of shares that may be issued as incentive stock options by 400,000, subject to stockholder approval. The company's stockholders approved these changes on March 17, 2014.
EX-10.2 4 a033114exhibit102_descript.htm EXHIBIT 10.2 03.31.14 Exhibit 10.2_DescriptionofAmendmentto2004Plan
Exhibit 10.2
On March 6, 2014, at a regular meeting of the Board of Directors (the “Board”) of Five9, Inc. (the “Company”), the Board amended the Company’s Amended and Restated 2004 Equity Incentive Plan (the “2004 Plan”) by (i) increasing the aggregate number of shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), available under the 2004 Plan by an additional 400,000 shares to a total of 47,931,331 shares of Common Stock and (ii) subject to stockholder approval, increasing the aggregate maximum number of shares of Common Stock that may be issued upon the exercise of “incentive stock options” under the 2004 Plan by an additional 400,000 shares of Common Stock.
The Company’s stockholders approved these amendments on March 17, 2014.
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