SEC Form 4 · accession 0001209191-17-029583
F5, INC. · FFIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Reinland
Officer — EVP, Chief Financial Officer
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 3:42 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 | May 1, 2017 | S | 2,399 | $127.7285 | D | 18,602 | D | |
| Common StockF2 | May 1, 2017 | S | 100 | $128.765 | D | 18,502 | D | |
| Common StockF3 | May 2, 2017 | S | 1,052 | $126.8389 | D | 17,450 | D | |
| Common StockF4 | May 2, 2017 | S | 2,684 | $127.2862 | D | 14,766 | D | |
| Common Stock | holding | — | — | — | 918 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F6,F7 | $0.00 | May 1, 2017 | A | 7,850 | A | — | — | Common Stock | 7,850 | 7,850 | D |
Explanation of responses
- F1This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $127.29 to $128.19. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
- F2This transaction was executed pursuant to a Rule 10b5-1 trading plan.
- F3This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $126.04 to $126.99. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
- F4This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $127.05 to $127.55. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
- F5Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- F6This May 1, 2017 award of service-based Restricted Stock Units vests 100% on May 1, 2018.
- F7If 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.