Form 4 for FFIV F5, Inc.
Accepted 2023-11-03 00:00:00 ET · period of report 2023-11-01 · accession 0001209191-23-054416 · 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 | 2023-11-03 | 2023-11-01 | FFIV | SPRAGUE KARA LYNN | EVP, GM, Application Services | M - OptEx | $0.00 | +2,594 | 60.7K | +4% | $0 |
| D | 2023-11-03 | 2023-11-01 | FFIV | SPRAGUE KARA LYNN | EVP, GM, Application Services | F - Tax | $0.00 | -4,858 | 55.8K | -8% | $0 |
| D | 2023-11-03 | 2023-11-01 | FFIV | SPRAGUE KARA LYNN | EVP, GM, Application Services | A - Grant | $0.00 | +12.5K | 12.5K | New | $0 |
| DM | 2023-11-03 | 2023-11-01 | FFIV | SPRAGUE KARA LYNN | EVP, GM, Application Services | M - OptEx | $0.00 | -2,594 | 2,557 | -50% | $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 | 2023-11-01 | M | A | 2,594 | $0.00 | 60,698 | D | — | — | (F1) Shares acquired upon vesting of the November 2, 2020, November 1, 2021, and November 1, 2022 awards of service-based Restricted Stock Units. |
| 2 | Common | Common Stock | 2023-11-01 | F | D | 4,858 | $0.00 | 55,840 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2023-11-01 | A | A | 12,507 | $0.00 | 12,507 | D | $0.00 · — to — | 12,507 Common Stock | (F7) Concurrent with the award of 12,507 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 14,594 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. (F2) Each Restricted Stock Unit represents a contingent right to receive one share of F5, Inc. Common Stock on the vest date. (F8) 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. |
| 4 | Derivative | Restricted Stock Unit | 2023-11-01 | M | D | 1,096 | $0.00 | 8,764 | D | $0.00 · — to — | 1,096 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, 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. |
| 5 | Derivative | Restricted Stock Unit | 2023-11-01 | M | D | 858 | $0.00 | 0 | D | $0.00 · — to — | 858 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 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 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 | 2023-11-01 | M | D | 640 | $0.00 | 2,557 | 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. (F5) 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. |