Filing Details
- Accession Number:
- 0001209191-16-147746
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-01 21:07:38
- Reporting Period:
- 2016-10-28
- Filing Date:
- 2016-11-01
- Accepted Time:
- 2016-11-01 21:07:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1048695 | F5 Networks Inc | FFIV | Computer Communications Equipment (3576) | 911714307 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1684581 | C. Ryan Kearny | C/O F5 Networks, Inc. 401 Elliott Ave. W. Seattle WA 98119 | Cto& Evp, Product & Technology | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-11-01 | 966 | $0.00 | 966 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-01 | 486 | $136.80 | 480 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-11-01 | 200 | $137.59 | 280 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Acquisiton | 2016-10-28 | 5,476 | $0.00 | 5,476 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2016-10-28 | 7,301 | $0.00 | 7,301 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2016-11-01 | 458 | $0.00 | 458 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2016-11-01 | 508 | $0.00 | 508 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,476 | No | 4 | A | Direct | ||
| 7,301 | No | 4 | A | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 2,034 | No | 4 | M | Direct |
Footnotes
- Shares acquired upon vesting of the November 3, 2014 and November 2, 2015 awards of service-based Restricted Stock Units.
- This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $136.37 to $137.16 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.
- This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $137.43 to $137.75 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.
- Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
- Concurrent with the award of service-based Restricted Stock Units, the Company granted the reporting person additional Restricted Stock Units that vest based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person will receive 5,476 Performance RSUs over the vesting period; the actual number of Performance RSUs received may be more or less depending on whether and to the extent that performance is greater than or less than targets. Performance RSUs are not reported in Table II; the underlying shares of Performance RSUs will be reported in Table I if and when the Compensation Committee of the Board of Directors determines that the performance targets have been achieved.
- This November 1, 2016 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2017.
- If 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.
- This November 1, 2016 award of service-based Restricted Stock Units vests 100% on November 1, 2018.
- The service-based Restricted Stock Units (RSUs) outstanding under this 11/03/2014 grant vest 100% on 11/01/2016.
- The service-based Restricted Stock Units outstanding under this 11/02/2015 grant vest as follows: 508 vest 11/01/2016, 508 vest 02/01/2017, 509 vest 05/01/2017, 508 vest 08/01/2017, and 509 vest 11/01/2017.
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