Edward Cooper Werner - Nov 19, 2024 Form 3 Insider Report for F5, INC. (FFIV)

Role
Chief Financial Officer
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Nov 19, 2024
Transactions value $
$0
Form type
3
Date filed
11/20/2024, 05:35 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FFIV Common Stock 2.6K Nov 19, 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
holding FFIV Restricted Stock Unit Nov 19, 2024 Common Stock 1.32K $0.00 Direct F1, F2, F3
holding FFIV Restricted Stock Unit Nov 19, 2024 Common Stock 5.44K $0.00 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date.
F2 The service-based Restricted Stock Units (RSUs) outstanding under this November 1, 2023 grant vest as follows: 329 vest February 1, 2025, 329 vest May 1, 2025, 329 vest August 1, 2025 and 330 vest November 1, 2025.
F3 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.
F4 Concurrent with the award of 5,436 service-based Restricted Stock Units, the Company granted the reporting person additional Restricted Stock Units the number of which that can be earned will be based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person can receive 5,436 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 and may be less if the reporting person does not remain employed during the vesting period. 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.
F5 This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.