Kara Lynn Sprague - 30 Apr 2024 Form 4 Insider Report for F5, INC. (FFIV)

Role
EVP & GM, Application Services
Signature
/s/ Scot F. Rogers by Power of Attorney
Issuer symbol
FFIV
Transactions as of
30 Apr 2024
Net transactions value
+$20,145
Form type
4
Filing time
02 May 2024, 18:45:51 UTC
Previous filing
07 Feb 2024
Next filing
05 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Other $20,145 +156 +0.27% $129.13 57,646 30 Apr 2024 Direct F1
transaction FFIV Common Stock Options Exercise $0 +639 +1.1% $0.000000 58,285 01 May 2024 Direct F2
transaction FFIV Common Stock Options Exercise $0 +1,096 +1.9% $0.000000 59,381 01 May 2024 Direct F3
transaction FFIV Common Stock Options Exercise $0 +1,042 +1.8% $0.000000 60,423 01 May 2024 Direct F4
transaction FFIV Common Stock Tax liability $0 -1,092 -1.8% $0.000000 59,331 01 May 2024 Direct

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 -639 -33% $0.000000 1,279 01 May 2024 Common Stock 639 $0.000000 Direct F5, F6, F7
transaction FFIV Restricted Stock Unit Options Exercise $0 -1,096 -14% $0.000000 6,573 01 May 2024 Common Stock 1,096 $0.000000 Direct F5, F7, F8
transaction FFIV Restricted Stock Unit Options Exercise $0 -1,042 -9.1% $0.000000 10,423 01 May 2024 Common Stock 1,042 $0.000000 Direct F5, F7, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares acquired on April 30, 2024 under the F5, Inc. employee stock purchase plan in an exempt transaction pursuant to rule 16b-3(c).
F2 Shares acquired upon vesting of the November 1, 2021 award of service-based Restricted Stock Units.
F3 Shares acquired upon vesting of the November 1, 2022 award of service-based Restricted Stock Units.
F4 Shares acquired upon vesting of the November 1, 2023 award of service-based Restricted Stock Units.
F5 Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
F6 This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022.
F7 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.
F8 This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023.
F9 This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.