F5, INC. — Director's Dealing 2023

May 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: F5, INC. (FFIV)
CIK: 0001048695
Period of Report: 2023-05-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-01	Common Stock	M	6786	$0.00	Acquired	115408	Direct
2023-05-01	Common Stock	F	2669	$0.00	Disposed	112739	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-01	Restricted Stock Unit	$0.00	M	2699	Disposed		Common Stock (2699)	Direct
2023-05-01	Restricted Stock Unit	$0.00	M	1550	Disposed		Common Stock (1550)	Direct
2023-05-01	Restricted Stock Unit	$0.00	M	2537	Disposed		Common Stock (2537)	Direct

Footnotes

F1: Shares acquired upon vesting of the November 2, 2020, November 1, 2021, and November 1, 2022 awards of service-based Restricted Stock Units.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of F5, 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, Inc. will be issued to the reporting person on the vest date.

F5: This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022.

F6: This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023.