Francis J. Pelzer - Aug 1, 2021 Form 4 Insider Report for F5 NETWORKS, INC. (FFIV)

Role
EVP, Chief Financial Officer
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Aug 1, 2021
Transactions value $
-$332,068
Form type
4
Date filed
8/3/2021, 03:55 PM
Previous filing
Jul 29, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +4.09K +33.61% $0.00 16.3K Aug 1, 2021 Direct F1
transaction FFIV Common Stock Tax liability -$332K -1.61K -9.89% $206.51 14.7K Aug 1, 2021 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 -825 -9.99% $0.00 7.43K Aug 1, 2021 Common Stock 825 $0.00 Direct F2, F3, F4
transaction FFIV Restricted Stock Unit Options Exercise $0 -1.94K -20% $0.00 7.77K Aug 1, 2021 Common Stock 1.94K $0.00 Direct F2, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -582 -50% $0.00 582 Aug 1, 2021 Common Stock 582 $0.00 Direct F2, F4, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -742 -16.67% $0.00 3.71K Aug 1, 2021 Common Stock 742 $0.00 Direct F2, F4, F7
* 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 August 1, 2018, November 1, 2018, November 1, 2019 and November 2, 2020 awards of service-based Restricted Stock Units.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
F3 This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
F4 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.
F5 Twenty five percent (25%) of this August 1, 2018 award of service-based Restricted Stock Units vests on August 1, 2019, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning November 1, 2019.
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.