F5, INC. — Director's Dealing 2021

Feb 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: F5 NETWORKS, INC. (FFIV)
CIK: 0001048695
Period of Report: 2021-02-01

Reporting Person: Locoh-Donou Francois (Director, President, CEO & Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-01	Common Stock	M	10132	$0.00	Acquired	79249	Direct
2021-02-01	Common Stock	F	4563	$196.35	Disposed	74686	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-01	Restricted Stock Unit	$0.00	M	1425	Disposed		Common Stock (1425)	Direct
2021-02-01	Restricted Stock Unit	$0.00	M	2698	Disposed		Common Stock (2698)	Direct
2021-02-01	Restricted Stock Unit	$0.00	M	491	Disposed		Common Stock (491)	Direct
2021-02-01	Restricted Stock Unit	$0.00	M	1349	Disposed		Common Stock (1349)	Direct
2021-02-01	Restricted Stock Unit	$0.00	M	1745	Disposed		Common Stock (1745)	Direct
2021-02-01	Restricted Stock Unit	$0.00	M	2424	Disposed		Common Stock (2424)	Direct

Footnotes

F1: Shares acquired upon vesting of the May 1, 2017, November 1, 2017, 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 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2018.

F4: If the reporting person continues to serve as an officer of the Company on 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: This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.

F6: This May 1, 2017 award of service-based Restricted Stock Units vests twenty five percent (25%) on May 1, 2018 and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning August 1, 2018.

F7: This May 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning August 1, 2017.

F8: This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019.

F9: This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020.