Form 4 for FFIV F5, Inc.
Accepted 2022-02-03 00:00:00 ET · period of report 2022-02-01 · accession 0001209191-22-006716 · 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 | 2022-02-03 | 2022-02-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | M - OptEx | $0.00 | +2,330 | 9,715 | +32% | $0 |
| D | 2022-02-03 | 2022-02-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | F - Tax | $0.00 | -941 | 8,774 | -10% | $0 |
| D | 2022-02-03 | 2022-02-02 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | S - Sale+OE | $207.25 | -251 | 8,523 | -3% | -$52.0K |
| D | 2022-02-03 | 2022-02-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | A - Grant | $0.00 | +7,283 | 7,283 | New | $0 |
| DM | 2022-02-03 | 2022-02-01 | FFIV | WHALEN CHAD MICHAEL | EVP, Worldwide Sales | M - OptEx | $0.00 | -2,330 | 6,446 | -27% | $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 | 2022-02-01 | M | A | 2,330 | $0.00 | 9,715 | D | — | — | (F1) Shares acquired upon vesting of the November 1, 2019, November 2, 2020, and November 1, 2021 awards of service-based Restricted Stock Units. |
| 2 | Common | Common Stock | 2022-02-01 | F | D | 941 | $0.00 | 8,774 | D | — | — | |
| 3 | Common | Common Stock | 2022-02-02 | S | D | 251 | $207.25 | 8,523 | D | — | — | (F2) This transaction was executed pursuant to a Rule 10b5-1 trading plan. |
| 4 | Derivative | Restricted Stock Unit | 2022-02-01 | A | A | 7,283 | $0.00 | 7,283 | D | $0.00 · — to — | 7,283 Common Stock | (F8) Concurrent with the award of 7,283 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 7,283 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 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. (F3) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F9) This February 1, 2022 award of service-based Restricted Stock Units vests in three equal annual installments beginning February 1, 2023. (F5) 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 | 2022-02-01 | M | D | 639 | $0.00 | 7,032 | D | $0.00 · — to — | 639 Common Stock | (F3) 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, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022. (F5) 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 | 2022-02-01 | M | D | 770 | $0.00 | 2,311 | D | $0.00 · — to — | 770 Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of F5, 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. (F5) 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. |
| 7 | Derivative | Restricted Stock Unit | 2022-02-01 | M | D | 921 | $0.00 | 6,446 | D | $0.00 · — to — | 921 Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F4) This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021. (F5) 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. |