SEC Form 4 · accession 0001209191-18-044861
F5, INC. · FFIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Michael Whalen
Officer — EVP, Worldwide Sales
Period of report
Aug 1, 2018
Accepted (ET)
Aug 2, 2018 · 2:07 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 | Aug 1, 2018 | M | 296 | $0.00 | A | 296 | 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 UnitF2,F3,F4 | $0.00 | Aug 1, 2018 | M | 213 | D | — | — | Common Stock | 213 | 2,126 | D |
| Restricted Stock UnitF2,F5,F4 | $0.00 | Aug 1, 2018 | M | 83 | D | — | — | Common Stock | 83 | 415 | D |
| Restricted Stock UnitF2,F6,F4 | $0.00 | Aug 1, 2018 | A | 3,517 | A | — | — | Common Stock | 3,517 | 3,517 | D |
Explanation of responses
- F1Shares acquired upon vesting of the February 1, 2017 and November 1,2017 awards of service-based Restricted Stock Units.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- F3The service-based Restricted Stock Units (RSUs) outstanding under this 02/01/2017 grant vest as follows: 213 vest 08/01/2018, 212 vest 11/1/2018, 213 vest 2/1/2019, 212 vest 05/01/2019, 213 vest 08/01/2019, 213 vest 11/01/2019, 212 vest 02/01/2020, 213 vest 05/01/2020, 212 vest 08/01/2020, 213 vest 11/01/2020 and 213 vest 02/01/2021.
- F4If the reporting person continues to provide services to the Company through 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.
- F5The service-based Restricted Stock Units (RSUs) outstanding under this 11/01/2017 grant vest as follows: 83 vest 08/01/2018, 83 vest 11/1/2018, 83 vest 2/1/2019, 83 vest 05/01/2019, 83 vest 08/01/2019, 83 vest 11/01/2019.
- F6Restricted Stock Units will vest twenty five percent (25%) a year in consecutive equal annual installments over the following 4 year period with 25% vesting on August 1, 2019, August 1, 2020, August 1, 2021 and August 1, 2022.