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F5, INC. Director's Dealing 2020

Nov 4, 2020

30317_dirs_2020-11-03_585427a3-d06f-47dc-8750-aca5215775b3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: ROBERTSON ANGUS JAMES BRUCE (SVP & GM, Nginx)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-10-30 Common Stock A 2653 $0.00 Acquired 4661 Direct
2020-10-30 Common Stock J 6 $0.00 Acquired 4667 Direct
2020-11-01 Common Stock M 885 $0.00 Acquired 5552 Direct
2020-11-01 Common Stock F 1389 $132.94 Disposed 4163 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-01 Restricted Stock Unit $0.00 M 172 Disposed Common Stock (172) Direct
2020-11-01 Restricted Stock Unit $0.00 M 713 Disposed Common Stock (713) Direct

Footnotes

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

F2: Shares acquired on October 30, 2020 under the F5 Networks, Inc. employee stock purchase plan in an exempt transaction pursuant to rule 16b-3(c).

F3: Shares acquired upon vesting of the August 1, 2019 and the November 1, 2019 awards of service-based Restricted Stock Units.

F4: Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.

F5: Ten percent (10%) of this August 1, 2019 award of service-based Restricted Stock Units vests on August 1, 2020, Ten percent (10%) vests in four equal quarterly increments beginning November 1, 2020, Twenty five percent (25%) vests in four equal quarterly increments beginning November 1, 2021, and the remaining fifty five percent (55%) vests in four equal quarterly increments beginning November 1, 2022.

F6: 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.

F7: This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.