SEC Form 4 · accession 0001209191-18-027689
F5, INC. · FFIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D DiLullo
Officer — EVP, Worldwide Sales
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 5:01 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,F2 | May 1, 2018 | M | 3,806 | $0.00 | A | 10,159 | D | |
| Common StockF3 | May 2, 2018 | S | 1,769 | $162.5861 | D | 8,390 | 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 UnitF4,F5,F6 | $0.00 | May 1, 2018 | M | 648 | D | — | — | Common Stock | 648 | 9,070 | D |
| Restricted Stock UnitF4,F7,F6 | $0.00 | May 1, 2018 | M | 2,542 | D | — | — | Common Stock | 2,542 | 15,251 | D |
| Restricted Stock UnitF4,F8,F6 | $0.00 | May 1, 2018 | M | 616 | D | — | — | Common Stock | 616 | 6,160 | D |
Explanation of responses
- F1Shares acquired upon vesting of the November 2, 2015, November 1, 2016 and November 1, 2017 awards of service-based Restricted Stock Units.
- F2Includes 207 shares acquired on April 30, 2018 under the F5 Networks, Inc. employee stock purchase plan in an exempt transaction pursuant to rule 16b-3(c).
- F3This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $162.58 to $163.46. 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.
- F4Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- F5This November 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2018.
- F6If 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.
- F7This November 2, 2015 award of service-based Restricted Stock Units vests twenty five percent (25%) on November 1, 2016, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning February 1, 2017.
- F8This November 1, 2016 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2017.