Form 4 for FFIV F5, Inc.
Accepted 2021-11-03 00:00:00 ET · period of report 2021-11-01 · accession 0001209191-21-062679 · 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 | 2021-11-03 | 2021-11-01 | FFIV | Locoh-Donou Francois | Pres, CEO, Dir | M - OptEx | $0.00 | +8,294 | 121.3K | +7% | $0 |
| D | 2021-11-03 | 2021-11-01 | FFIV | Locoh-Donou Francois | Pres, CEO, Dir | F - Tax | $0.00 | -17.7K | 103.6K | -15% | $0 |
| D | 2021-11-03 | 2021-11-01 | FFIV | Locoh-Donou Francois | Pres, CEO, Dir | A - Grant | $0.00 | +18.6K | 18.6K | New | $0 |
| DM | 2021-11-03 | 2021-11-01 | FFIV | Locoh-Donou Francois | Pres, CEO, Dir | M - OptEx | $0.00 | -8,294 | 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 | 2021-11-01 | M | A | 8,294 | $0.00 | 121,334 | D | — | — | (F1) Shares acquired upon vesting of the November 1, 2017, November 1, 2018, November 1, 2019 and November 2, 2020 awards of service-based Restricted Stock Units. |
| 2 | Common | Common Stock | 2021-11-01 | F | D | 17,693 | $0.00 | 103,641 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2021-11-01 | A | A | 18,594 | $0.00 | 18,594 | D | $0.00 · — to — | 18,594 Common Stock | (F8) Concurrent with the award of 18,594 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 27,892 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. (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date. (F9) 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 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. |
| 4 | Derivative | Restricted Stock Unit | 2021-11-01 | M | D | 2,424 | $0.00 | 9,697 | D | $0.00 · — to — | 2,424 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date. (F7) This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020. (F4) 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. |
| 5 | Derivative | Restricted Stock Unit | 2021-11-01 | M | D | 1,745 | $0.00 | 0 | D | $0.00 · — to — | 1,745 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date. (F6) This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019. (F4) 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. |
| 6 | Derivative | Restricted Stock Unit | 2021-11-01 | M | D | 2,699 | $0.00 | 21,591 | D | $0.00 · — to — | 2,699 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date. (F5) This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021. (F4) 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. |
| 7 | Derivative | Restricted Stock Unit | 2021-11-01 | M | D | 1,426 | $0.00 | 0 | D | $0.00 · — to — | 1,426 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date. (F3) This November 1, 2017 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2018. (F4) 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. |