Form 4 for FFIV F5, Inc.
Accepted 2024-11-05 00:00:00 ET · period of report 2024-11-01 · accession 0001048695-24-000179 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-11-05 | 2024-11-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | F - Tax | $233.88 | -6,114 | 33.8K | -15% | -$1.43M |
| D | 2024-11-05 | 2024-11-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | M - OptEx | $0.00 | +2,524 | 39.9K | +7% | $0 |
| D | 2024-11-05 | 2024-11-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | A - Grant | $0.00 | +8,607 | 8,607 | New | $0 |
| DM | 2024-11-05 | 2024-11-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | M - OptEx | $0.00 | -2,524 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-01 | F | D | 6,114 | $233.88 | 33,835 | D | — | — | |
| 2 | Common | Common Stock | 2024-11-01 | M | A | 2,524 | $0.00 | 39,949 | D | — | — | (F1) Shares acquired upon the vesting of November 1, 2021, November 1, 2022, and November 1, 2023 awards of service-based Restricted Stock Units. |
| 3 | Derivative | Restricted Stock Unit | 2024-11-01 | A | A | 8,607 | $0.00 | 8,607 | D | $0.00 · — to — | 8,607 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F7) Concurrent with the award of 8,607 service-based Restricted Stock Units, the Company granted the reporting person additional Restricted Stock Units the number of which that can be earned will be based on performance targets ("Performance RSUs"). If the performance targets are achieved at 100%, the reporting person can receive 10,043 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 and may be less if the reporting person does not remain employed during the vesting period. Performance RSUs are not reported in Table II; the underlying shares of Performance RSUs will be reported in Table I if and when the Talent and Compensation Committee of the Board of Directors determines that the performance targets have been achieved. (F8) This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025. (F4) 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, Inc. will be issued to the reporting person on the vest date. |
| 4 | Derivative | Restricted Stock Unit | 2024-11-01 | M | D | 933 | $0.00 | 7,461 | D | $0.00 · — to — | 933 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F6) This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024. (F4) 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, Inc. will be issued to the reporting person on the vest date. |
| 5 | Derivative | Restricted Stock Unit | 2024-11-01 | M | D | 951 | $0.00 | 3,806 | D | $0.00 · — to — | 951 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F5) This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023. (F4) 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, Inc. will be issued to the reporting person on the vest date. |
| 6 | Derivative | Restricted Stock Unit | 2024-11-01 | M | D | 640 | $0.00 | 0 | D | $0.00 · — to — | 640 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F3) This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022. (F4) 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, Inc. will be issued to the reporting person on the vest date. |