Mika Yamamoto - 01 Feb 2023 Form 4 Insider Report for F5, INC. (FFIV)

Role: EVP, Chief Marketing Officer
Signature: /s/ Scot F. Rogers by Power of Attorney
Issuer symbol: FFIV
Transactions as of: 01 Feb 2023
Net transactions value: -$244,202
Form type: 4
Filing time: 03 Feb 2023, 12:41:04 UTC
Previous filing: 03 Nov 2022
Next filing: 02 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FFIV	Common Stock	Options Exercise	$0	+3,635	+47%	$0.000000	11,435	01 Feb 2023	Direct	F1
transaction	FFIV	Common Stock	Tax liability	$0	-1,466	-13%	$0.000000	9,969	01 Feb 2023	Direct
transaction	FFIV	Common Stock	Sale	$244,202	-1,612	-16%	$151.49	8,357	02 Feb 2023	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	-794	-25%	$0.000000	2,382	01 Feb 2023	Common Stock	794	$0.000000	Direct	F3, F4, F5
transaction	FFIV	Restricted Stock Unit	Options Exercise	$0	-523	-12%	$0.000000	3,661	01 Feb 2023	Common Stock	523	$0.000000	Direct	F3, F5, F6
transaction	FFIV	Restricted Stock Unit	Options Exercise	$0	-807	-8.3%	$0.000000	8,879	01 Feb 2023	Common Stock	807	$0.000000	Direct	F3, F5, F7
transaction	FFIV	Restricted Stock Unit	Options Exercise	$0	-1,511	-33%	$0.000000	3,023	01 Feb 2023	Common Stock	1,511	$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 August 1, 2019, November 2, 2020 November 1, 2021, and November 1, 2022 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, 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, Inc. will be issued to the reporting person 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	This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023.
F8	Twenty five percent (25%) of this August 1, 2019 award of service-based Restricted Stock Units vests on August 1, 2020, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning November 1, 2020.