SEC Form 4 · accession 0001209191-19-007474
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
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 6:04 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 | Feb 1, 2019 | M | 877 | $0.00 | A | 1,089 | D | |
| Common StockF2 | Feb 4, 2019 | S | 378 | $159.50 | D | 711 | D | |
| Common StockF2 | Feb 4, 2019 | S | 1 | $160.9717 | D | 710 | 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 UnitF3,F4,F5 | $0.00 | Feb 1, 2019 | M | 213 | D | — | — | Common Stock | 213 | 1,701 | D |
| Restricted Stock UnitF3,F6,F5 | $0.00 | Feb 1, 2019 | M | 83 | D | — | — | Common Stock | 83 | 249 | D |
| Restricted Stock UnitF3,F7,F5 | $0.00 | Feb 1, 2019 | M | 581 | D | — | — | Common Stock | 581 | 6,399 | D |
Explanation of responses
- F1Shares acquired upon vesting of the February 1, 2017, November 1, 2017, and November 1, 2018 awards of service-based Restricted Stock Units.
- F2This transaction was executed pursuant to a Rule 10b5-1 trading plan.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- F4Twenty five percent (25%) of this February 1, 2017 award of service-based Restricted Stock Units vests on February 1, 2018, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning May 1, 2018
- F5If 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.
- F6The service-based Restricted Stock Units (RSUs) outstanding under this 11/01/2017 grant vest as follows: 83 vest 2/1/2019, 83 vest 05/01/2019, 83 vest 08/01/2019, 83 vest 11/01/2019.
- F7This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019.