Ana Maria White - 01 Aug 2021 Form 4 Insider Report for F5 NETWORKS, INC. (FFIV)

Signature
/s/ Scot F. Rogers by Power of Attorney
Issuer symbol
FFIV
Transactions as of
01 Aug 2021
Net transactions value
-$327,858
Form type
4
Filing time
03 Aug 2021, 15:49:16 UTC
Previous filing
02 Jul 2021
Next filing
06 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +3,389 +18% $0.000000 22,210 01 Aug 2021 Direct F1
transaction FFIV Common Stock Tax liability $274,865 -1,331 -6% $206.51 20,879 01 Aug 2021 Direct
transaction FFIV Common Stock Sale $52,993 -258 -1.2% $205.40 20,621 02 Aug 2021 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 -825 -10% $0.000000 7,431 01 Aug 2021 Common Stock 825 $0.000000 Direct F3, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -558 -50% $0.000000 559 01 Aug 2021 Common Stock 558 $0.000000 Direct F3, F5, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -713 -17% $0.000000 3,565 01 Aug 2021 Common Stock 713 $0.000000 Direct F3, F5, F7
transaction FFIV Restricted Stock Unit Options Exercise $0 -1,293 -33% $0.000000 2,586 01 Aug 2021 Common Stock 1,293 $0.000000 Direct F3, F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon vesting of the February 1, 2018, November 1, 2018, November 1, 2019 and November 2, 2020 awards of service-based Restricted Stock Units.
F2 This transaction was executed pursuant to a Rule 10b5-1 trading plan.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
F4 This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
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 Networks, Inc. will be issued to the reporting person on the vest date.
F6 This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019.
F7 This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.
F8 Twenty five percent (25%) of this February 1, 2018 award of service-based Restricted Stock Units vests on February 1, 2019, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning May 1, 2019