Filing Details

Accession Number:
0001209191-20-057034
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-04 19:57:00
Reporting Period:
2020-11-02
Accepted Time:
2020-11-04 19:57:00
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
1728880 Maria Ana White C/O F5 Networks, Inc.
801 5Th Avenue
Seattle WA 98104
Evp And Chief Hr Officer 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 Disposition 2020-11-02 257 $132.39 16,601 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Acquisiton 2020-11-02 9,907 $0.00 9,907 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,907 No 4 A Direct
Footnotes
  1. This transaction was executed pursuant to a Rule 10b5-1 trading plan.
  2. Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
  3. Concurrent with the award of 9,907 service-based Restricted Stock Units, the Company granted the reporting person additional RestrictedStock Units that vest based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person will receive 9,907 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. The Performance RSUs vests over a three-year period in three equal annual installments. 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.
  4. This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021.
  5. If 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.