Geng Lin - Aug 1, 2023 Form 4 Insider Report for F5, INC. (FFIV)

Role
EVP, Chief Technology Officer
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/3/2023, 11:42 AM
Previous filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +3.04K +25.11% $0.00 15.1K Aug 1, 2023 Direct F1
transaction FFIV Common Stock Tax liability $0 -1.19K -7.88% $0.00 13.9K Aug 1, 2023 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 -635 -49.96% $0.00 636 Aug 1, 2023 Common Stock 635 $0.00 Direct F2, F3, F4
transaction FFIV Restricted Stock Unit Options Exercise $0 -387 -16.65% $0.00 1.94K Aug 1, 2023 Common Stock 387 $0.00 Direct F2, F4, F5
transaction FFIV Restricted Stock Unit Options Exercise $0 -634 -10% $0.00 5.71K Aug 1, 2023 Common Stock 634 $0.00 Direct F2, F4, F6
transaction FFIV Restricted Stock Unit Options Exercise $0 -1.38K -100% $0.00* 0 Aug 1, 2023 Common Stock 1.38K $0.00 Direct F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Each Restricted Stock Unit represents a contingent right to receive one share of F5, 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, Inc. will be issued to the reporting person on the vest date.
F5 This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022.
F6 This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023.
F7 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.