Chad Michael Whalen - Aug 1, 2021 Form 4 Insider Report for F5 NETWORKS, INC. (FFIV)

Role
EVP, Worldwide Sales
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Aug 1, 2021
Transactions value $
-$255,659
Form type
4
Date filed
8/3/2021, 03:50 PM
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +3.15K +42.68% $0.00 10.5K Aug 1, 2021 Direct F1
transaction FFIV Common Stock Tax liability -$256K -1.24K -11.75% $206.51 9.3K 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 -921 -10% $0.00 8.29K Aug 1, 2021 Common Stock 921 $0.00 Direct F2, F3, F4
transaction FFIV Restricted Stock Unit Options Exercise $0 -879 -49.97% $0.00 880 Aug 1, 2021 Common Stock 879 $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 -770 -16.66% $0.00 3.85K Aug 1, 2021 Common Stock 770 $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 Restricted Stock Units will vest twenty five percent (25%) a year in consecutive equal annual installments over the following 4 year period with 25% vesting on August 1, 2019, August 1, 2020, August 1, 2021 and August 1, 2022.
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.