SEC Form 4 · accession 0001209191-17-019989
F5, INC. · FFIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Dreyer
Director
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 8:03 pm EST
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 | Mar 8, 2017 | M | 2,540 | $0.00 | A | 9,618 | 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 UnitsF2,F3 | $0.00 | Mar 8, 2017 | M | 2,540 | D | Mar 8, 2017 | — | Common Stock | 2,540 | 0 | D |
| Restricted Stock UnitsF2,F4 | $0.00 | Mar 9, 2017 | A | 1,740 | A | — | — | Common Stock | 1,740 | 1,740 | D |
Explanation of responses
- F1Shares received upon vesting of the March 10, 2016 award of Restricted Stock Units.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of F5 Networks, Inc. on the vest date.
- F3One share of Common Stock of F5 Networks, Inc. was delivered to the reporting person for each Restricted Stock Unit that vested on March 8, 2017.
- F4Restricted Stock Units will fully vest on the first business day prior to the date of the annual shareholder meeting for fiscal 2017 (to be held in 2018) if the reporting person continues to serve as a director on the vest date, and the corresponding number of shares of Common Stock of F5 Networks, Inc. will be issued to the reporting person on the vest date.