SEC Form 4 · accession 0001209191-18-027670
F5, INC. · FFIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scot Frazier Rogers
Officer — EVP and General Counsel
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:49 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, 2018 | M | 2,368 | $0.00 | A | 10,246 | D | |
| Common StockF2 | May 1, 2018 | S | 300 | $161.2733 | D | 9,946 | D | |
| Common StockF3 | May 1, 2018 | S | 1,300 | $162.2285 | D | 8,646 | D | |
| Common StockF4 | May 1, 2018 | S | 100 | $162.86 | D | 8,546 | D | |
| Common StockF5 | May 1, 2018 | S | 1,038 | $164.4246 | D | 7,508 | 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 UnitF6,F7,F8 | $0.00 | May 1, 2018 | M | 298 | D | — | — | Common Stock | 298 | 0 | D |
| Restricted Stock UnitF6,F9,F8 | $0.00 | May 1, 2018 | M | 254 | D | — | — | Common Stock | 254 | 509 | D |
| Restricted Stock UnitF6,F10,F8 | $0.00 | May 1, 2018 | M | 205 | D | — | — | Common Stock | 205 | 820 | D |
| Restricted Stock UnitF6,F11,F8 | $0.00 | May 1, 2018 | M | 565 | D | — | — | Common Stock | 565 | 3,390 | D |
| Restricted Stock UnitF6,F12,F8 | $0.00 | May 1, 2018 | M | 544 | D | — | — | Common Stock | 544 | 7,619 | D |
| Restricted Stock UnitF6,F13,F8 | $0.00 | May 1, 2018 | M | 502 | D | — | — | Common Stock | 502 | 5,020 | D |
Explanation of responses
- F1Shares acquired upon vesting of the May 1, 2014, November 3, 2014, May 1, 2015, November 2, 2015, November 1, 2016 and November 1, 2017 awards of service-based Restricted Stock Units
- F10This May 1, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning August 1, 2015.
- F11This November 2, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2016.
- F12This November 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2018.
- F13This November 1, 2016 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2017.
- F2This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $160.71 to $161.70. 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.
- F3This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $161.78 to $162.64. 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.
- F5This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $164.00 to $164.82. 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.
- F6Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- F7This May 1, 2014 award of service-based Restricted Stock Units vests twenty five percent (25%) on May 1, 2015, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning August 1, 2015.
- F8If 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.
- F9This November 3, 2014 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2015.