F5, INC. — Director's Dealing 2020

Nov 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: F5 NETWORKS, INC. (FFIV)
CIK: 0001048695
Period of Report: 2020-10-30

Reporting Person: WHALEN CHAD MICHAEL (EVP, Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-30	Common Stock	A	4641	$0.00	Acquired	8436	Direct
2020-11-01	Common Stock	M	1565	$0.00	Acquired	10001	Direct
2020-11-01	Common Stock	F	2439	$132.94	Disposed	7562	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-01	Restricted Stock Unit	$0.00	M	213	Disposed		Common Stock (213)	Direct
2020-11-01	Restricted Stock Unit	$0.00	M	582	Disposed		Common Stock (582)	Direct
2020-11-01	Restricted Stock Unit	$0.00	M	770	Disposed		Common Stock (770)	Direct

Footnotes

F1: Shares acquired based on performance targets for the November 1, 2018 and November 1, 2019 awards of Restricted Stock Units.

F2: Shares acquired upon vesting of the February 1, 2017, November 1, 2018 and November 1, 2019 awards of service-based Restricted Stock Units.

F3: Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.

F4: Twenty five percent (25%) of this February 1, 2017 award of service-based Restricted Stock Units vests on February 1, 2018, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning May 1, 2018

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 Networks, Inc. will be issued to the reporting person on the vest date.

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.