Filing Details
- Accession Number:
- 0001209191-22-055640
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-03 18:14:01
- Reporting Period:
- 2022-11-01
- Accepted Time:
- 2022-11-03 18:14:01
- 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, 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 | 2022-11-01 | 2,332 | $0.00 | 21,198 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-11-01 | 4,245 | $0.00 | 16,953 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2022-11-02 | 1,400 | $140.54 | 15,553 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-11-02 | 800 | $141.38 | 14,753 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-11-02 | 150 | $142.74 | 14,603 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-11-02 | 143 | $144.37 | 14,460 | 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 | |
| No | 4 | S | 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 Unit | Disposition | 2022-11-01 | 921 | $0.00 | 921 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2022-11-01 | 640 | $0.00 | 640 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2022-11-01 | 771 | $0.00 | 771 | $0.00 |
| Common Stock | Restricted Stock Unit | Acquisiton | 2022-11-01 | 11,416 | $0.00 | 11,416 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 3,684 | No | 4 | M | Direct | ||
| 5,114 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 11,416 | No | 4 | A | Direct |
Footnotes
- Shares acquired upon vesting of the November 1, 2019, November 2, 2020, and November 1, 2021 awards of service-based Restricted Stock Units.
- This transaction was executed in multiple trades at prices ranging from $140.09 to $141.08. 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.
- This transaction was executed in multiple trades at prices ranging from $141.10 to $141.86. 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.
- This transaction was executed in multiple trades at prices ranging from $142.68 to $142.84. 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.
- This transaction was executed in multiple trades at prices ranging from $144.13 to $144.50. 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.
- Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
- This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
- If the reporting person continues to provide services to the Company through the vest date, the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
- This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022.
- This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.
- Concurrent with the award of 11,416 service-based Restricted Stock Units, the Company granted the reporting person additional RestrictedStock Units that vest based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person will receive 11,416 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. The Performance RSUs vests over a three-year period in three equal annual installments. Performance RSUs are not reported in Table II; the underlying shares of Performance RSUs will be reported in Table I if and when the Talent and Compensation Committee of the Board of Directors determines that the performance targets have been achieved.
- This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023.
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