Filing Details

Accession Number:
0001209191-15-078002
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-03 15:06:55
Reporting Period:
2015-10-30
Filing Date:
2015-11-03
Accepted Time:
2015-11-03 15:06:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1048695 F5 Networks Inc FFIV Computer Communications Equipment (3576) 911714307
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1431315 Felix Manuel Rivelo C/O F5 Networks, Inc.
401 Elliott Ave. West
Seattle WA 98119
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-10-30 2,868 $0.00 18,619 No 4 A Direct
Common Stock Acquisiton 2015-11-01 5,446 $0.00 24,065 No 4 M Direct
Common Stock Disposition 2015-11-02 4,602 $109.17 19,463 No 4 S Direct
Common Stock Disposition 2015-11-02 2,049 $110.46 17,414 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2015-10-30 27,113 $0.00 27,113 $0.00
Common Stock Restricted Stock Units Disposition 2015-11-01 2,500 $0.00 2,500 $0.00
Common Stock Restricted Stock Units Disposition 2015-11-01 955 $0.00 955 $0.00
Common Stock Restricted Stock Units Disposition 2015-11-01 947 $0.00 947 $0.00
Common Stock Restricted Stock Units Disposition 2015-11-01 660 $0.00 660 $0.00
Common Stock Restricted Stock Units Disposition 2015-11-01 384 $0.00 384 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
27,113 No 4 A Direct
0 No 4 M Direct
3,822 No 4 M Direct
7,575 No 4 M Direct
7,929 No 4 M Direct
5,379 No 4 M Direct
Footnotes
  1. Shares acquired based on performance targets for the November 1, 2012, November 1, 2013, November 3, 2014, and May 1, 2015 awards of Restricted Stock Units.
  2. Shares acquired upon vesting of the November 9, 2011, November 1, 2012, November 1, 2013, November 3, 2014 and May 1, 2015 awards of service-based Restricted Stock Units.
  3. This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $108.59 to $109.50. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
  4. This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $110.06 to $110.6206. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
  5. Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
  6. Concurrent with this award of service-based Restricted Stock Units, the Company granted the reporting person additional Restricted Stock Units that vest based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person will receive 27,113 Performance RSUs over the vesting period; the actual number of Performance RSUs received may be more or less depending on whether and to the extent that performance is greater than or less than targets. Performance RSUs are not reported in Table II; the underlying shares of Performance RSUs will be reported in Table I if and when the Compensation Committee of the Board of Directors determines that the performance targets have been achieved.
  7. This November 2, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2016.
  8. If the reporting person continues to serve as an officer of the Company on the vest date, the corresponding number of shares of Common Stock of F5 Networks, Inc. will be issued to the reporting person on the vest date.
  9. Twenty-five percent (25%) of the November 1, 2011 award of service-based Restricted Stock Units vested on November 1, 2012, and the remaining seventy-five percent (75%) vests in twelve equal quarterly increments beginning February 1, 2013.
  10. The November 1, 2012 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2013.
  11. The November 1, 2013 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2014.
  12. The November 3, 2014 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2015.
  13. The May 1, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning August 1, 2015.