Chad Michael Whalen - Feb 1, 2023 Form 4 Insider Report for F5, INC. (FFIV)

Role
EVP, Worldwide Sales
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Feb 1, 2023
Transactions value $
-$39,236
Form type
4
Date filed
2/3/2023, 12:44 PM
Previous filing
Dec 5, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +4.94K +41.25% $0.00 16.9K Feb 1, 2023 Direct F1
transaction FFIV Common Stock Tax liability $0 -2.71K -16.02% $0.00 14.2K Feb 1, 2023 Direct
transaction FFIV Common Stock Sale -$39.2K -259 -1.82% $151.49 13.9K Feb 2, 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 -921 -25% $0.00 2.76K Feb 1, 2023 Common Stock 921 $0.00 Direct F3, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -639 -12.5% $0.00 4.48K Feb 1, 2023 Common Stock 639 $0.00 Direct F3, F5, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -951 -8.33% $0.00 10.5K Feb 1, 2023 Common Stock 951 $0.00 Direct F3, F5, F7
transaction FFIV Restricted Stock Unit Options Exercise $0 -2.43K -33.32% $0.00 4.86K Feb 1, 2023 Common Stock 2.43K $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 2, 2020 November 1, 2021, February 1, 2022 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 This February 1, 2022 award of service-based Restricted Stock Units vests in three equal annual installments beginning February 1, 2023.