Filing Details

Accession Number:
0001209191-22-006716
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-03 13:06:05
Reporting Period:
2022-02-01
Accepted Time:
2022-02-03 13:06:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1048695 F5 Inc. FFIV Computer Communications Equipment (3576) 911714307
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1746640 Michael Chad Whalen C/O F5 Networks, Inc.
801 5Th Avenue
Seattle WA 98104
Evp, Worldwide Sales No 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 2022-02-01 2,330 $0.00 9,715 No 4 M Direct
Common Stock Disposition 2022-02-01 941 $0.00 8,774 No 4 F Direct
Common Stock Disposition 2022-02-02 251 $207.25 8,523 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 Unit Disposition 2022-02-01 921 $0.00 921 $0.00
Common Stock Restricted Stock Unit Disposition 2022-02-01 639 $0.00 639 $0.00
Common Stock Restricted Stock Unit Disposition 2022-02-01 770 $0.00 770 $0.00
Common Stock Restricted Stock Unit Acquisiton 2022-02-01 7,283 $0.00 7,283 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,446 No 4 M Direct
7,032 No 4 M Direct
2,311 No 4 M Direct
7,283 No 4 A Direct
Footnotes
  1. Shares acquired upon vesting of the November 1, 2019, November 2, 2020, and November 1, 2021 awards of service-based Restricted Stock Units.
  2. This transaction was executed pursuant to a Rule 10b5-1 trading plan.
  3. Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
  4. This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
  5. If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stockof F5, Inc. will be issued to the reporting person on the vest date.
  6. This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022.
  7. This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.
  8. Concurrent with the award of 7,283 service-based Restricted Stock Units, the Company granted the reporting person additional Restricted StockUnits that vest based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person willreceive 7,283 Performance RSUs over the vesting period; the actual number of Performance RSUs received may be more or less depending onwhether and to the extent that performance is greater than or less than targets. The Performance RSUs vests over a three-year period in threeequal annual installments. Performance RSUs are not reported in Table II; the Performance RSUs will be reported in Table Iif and when the Talent and Compensation Committee of the Board of Directors determines that the performance targets have been achieved.
  9. This February 1, 2022 award of service-based Restricted Stock Units vests in three equal annual installments beginning February 1, 2023.