Scot Frazier Rogers - Aug 1, 2021 Form 4 Insider Report for F5 NETWORKS, INC. (FFIV)

Role
EVP and General Counsel
Signature
/s/ Scot F. Rogers
Stock symbol
FFIV
Transactions as of
Aug 1, 2021
Transactions value $
-$447,795
Form type
4
Date filed
8/3/2021, 03:53 PM
Next filing
Oct 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +2.41K +17.27% $0.00 16.4K Aug 1, 2021 Direct F1
transaction FFIV Common Stock Tax liability -$195K -946 -5.78% $206.51 15.4K Aug 1, 2021 Direct
transaction FFIV Common Stock Sale -$252K -1.23K -7.97% $205.40 14.2K Aug 2, 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 -544 -49.95% $0.00 545 Aug 1, 2021 Common Stock 544 $0.00 Direct F3, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -762 -10% $0.00 6.86K Aug 1, 2021 Common Stock 762 $0.00 Direct F3, F5, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -419 -50% $0.00 419 Aug 1, 2021 Common Stock 419 $0.00 Direct F3, F5, F7
transaction FFIV Restricted Stock Unit Options Exercise $0 -684 -16.65% $0.00 3.42K Aug 1, 2021 Common Stock 684 $0.00 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 November 1, 2017, 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 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2018.
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 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
F7 This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019.
F8 This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.