F5, INC. — Director's Dealing 2018

Feb 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: F5 NETWORKS INC (FFIV)
CIK: 0001048695
Period of Report: 2018-02-01

Reporting Person: Kearny Ryan C. (CTO& EVP, Product & Technology)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-01	Common Stock	M	9051	$0.00	Acquired	10945	Direct
2018-02-01	Common Stock	S	2900	$144.2455	Disposed	8045	Direct
2018-02-01	Common Stock	S	4518	$145.2179	Disposed	3527	Direct
2018-02-01	Common Stock	S	100	$145.77	Disposed	3427	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-01	Restricted Stock Unit	$0.00	M	8321	Disposed		Common Stock (8321)	Direct
2018-02-01	Restricted Stock Unit	$0.00	M	342	Disposed		Common Stock (342)	Direct
2018-02-01	Restricted Stock Unit	$0.00	M	388	Disposed		Common Stock (388)	Direct

Footnotes

F1: Shares acquired upon vesting of the December 10, 2014, November 1, 2016 and November 1, 2017 awards of service-based Restricted Stock Units.

F2: This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $143.66 to $144.65. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.

F3: This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $144.69 to $145.66. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.

F4: This transaction was executed pursuant to a Rule 10b5-1 trading plan.

F5: Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.

F6: This December 10, 2014 award of service-based Restricted Stock Units vests in full on February 1, 2018.

F7: 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

F8: This November 1, 2016 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2017.

F9: The November 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2018.