Tami A. Erwin - Mar 13, 2024 Form 4 Insider Report for F5, INC. (FFIV)

Role: Director
Signature: /s/ Frank Pelzer by Power of Attorney
Stock symbol: FFIV
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/15/2024, 05:15 PM
Previous filing: Mar 7, 2024
Next filing: May 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FFIV	Common Stock	Gift	$0	+5		$0.00	5	Mar 12, 2024	Direct	F1
transaction	FFIV	Common Stock	Options Exercise	$0	+599	+11980%	$0.00	604	Mar 13, 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FFIV	Restricted Stock Unit	Options Exercise	$0	-599	-100%	$0.00^*	0	Mar 13, 2024	Common Stock	599	$0.00	Direct	F3, F4, F5
transaction	FFIV	Restricted Stock Unit	Award	$0	+1.31K		$0.00	1.31K	Mar 14, 2024	Common Stock	1.31K	$0.00	Direct	F3, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Holdings were transferred from Ms. Erwin's spouse to a joint account of Ms. Erwin and her spouse.
F2	Shares received upon vesting of the November 1, 2023 award of Restricted Stock Units.
F3	Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
F4	Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2023 (to be held in 2024) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.
F5	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.
F6	Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2024 (to be held in 2025) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5, Inc. will be issued to the reporting person on the vest date.