SEC Form 4 · accession 0001209191-16-116918
F5, INC. · FFIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John McAdam
Officer — President and CEO · Director
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 12:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001048695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 29, 2016 | A | 5,605 | $0.00 | A | 20,011 | D | |
| Common StockF2 | May 1, 2016 | M | 11,158 | $0.00 | A | 31,169 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | $0.00 | May 1, 2016 | M | 2,580 | D | — | — | Common Stock | 2,580 | 5,159 | D |
| Restricted Stock UnitsF3,F6,F5 | $0.00 | May 1, 2016 | M | 2,684 | D | — | — | Common Stock | 2,684 | 16,103 | D |
| Restricted Stock UnitsF3,F7,F5 | $0.00 | May 1, 2016 | M | 1,905 | D | — | — | Common Stock | 1,905 | 19,059 | D |
| Restricted Stock UnitsF3,F8,F5 | $0.00 | May 1, 2016 | M | 3,989 | D | — | — | Common Stock | 3,989 | 11,967 | D |
Explanation of responses
- F1Shares acquired based on performance targets for the February 1, 2016 award of Restricted Stock Units.
- F2Shares acquired upon vesting of the November 1, 2012, November 1, 2013, November 3, 2014, and February 1, 2016 awards of service-based Restricted Stock Units.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- F4The November 1, 2012 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2013.
- F5The corresponding number of shares of Common Stock of F5 Networks, Inc. will be issued to the reporting person on the vest date.
- F6The November 1, 2013 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2014.
- F7The November 3, 2014 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2015.
- F8The February 1, 2016 award of service-based Restricted Stock Units vests in four equal quarterly increments beginning May 1, 2016.