F5 NETWORKS INC 4

Accession 0001209191-15-078002

$FFIVCIK 0001048695operating

View on SEC.gov Company Profile

Filed

Nov 2, 7:00 PM ET

Accepted

Nov 3, 3:06 PM ET

Size

29.2 KB

Accession

0001209191-15-078002

Insider Transaction Report

Form 4

Period: 2015-10-30

F5 NETWORKS INCFFIV

Rivelo Manuel Felix

Sr. VP, Strategic Solutions

Transactions

Exercise/Conversion
Common Stock
2015-11-01+5,446→ 24,065 total
Sale
Common Stock
2015-11-02$110.46/sh−2,049$226,330→ 17,414 total
Exercise/Conversion
Restricted Stock Units
2015-11-01−2,500→ 0 total
Exercise: $0.00→ Common Stock (2,500 underlying)
Exercise/Conversion
Restricted Stock Units
2015-11-01−947→ 7,575 total
Exercise: $0.00→ Common Stock (947 underlying)
Exercise/Conversion
Restricted Stock Units
2015-11-01−384→ 5,379 total
Exercise: $0.00→ Common Stock (384 underlying)
Award
Restricted Stock Units
2015-10-30+27,113→ 27,113 total
Exercise: $0.00→ Common Stock (27,113 underlying)
Sale
Common Stock
2015-11-02$109.17/sh−4,602$502,381→ 19,463 total
Exercise/Conversion
Restricted Stock Units
2015-11-01−955→ 3,822 total
Exercise: $0.00→ Common Stock (955 underlying)
Award
Common Stock
2015-10-30+2,868→ 18,619 total
Exercise/Conversion
Restricted Stock Units
2015-11-01−660→ 7,929 total
Exercise: $0.00→ Common Stock (660 underlying)

Footnotes (13)

[F1]Shares acquired based on performance targets for the November 1, 2012, November 1, 2013, November 3, 2014, and May 1, 2015 awards of Restricted Stock Units.
[F10]The November 1, 2012 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2013.
[F11]The November 1, 2013 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2014.
[F12]The November 3, 2014 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2015.
[F13]The May 1, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning August 1, 2015.
[F2]Shares acquired upon vesting of the November 9, 2011, November 1, 2012, November 1, 2013, November 3, 2014 and May 1, 2015 awards of service-based Restricted Stock Units.
[F3]This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $108.59 to $109.50. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
[F4]This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $110.06 to $110.6206. The reported price is the weighted average sale price. The reporting person undertakes to provide to the Company, any security holder of the Company, or Securities and Exchange Commission staff, upon request, complete information regarding the number of shares sold at each separate price.
[F5]Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
[F6]Concurrent with this award of 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 27,113 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. 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.
[F7]This November 2, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2016.
[F8]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.
[F9]Twenty-five percent (25%) of the November 1, 2011 award of service-based Restricted Stock Units vested on November 1, 2012, and the remaining seventy-five percent (75%) vests in twelve equal quarterly increments beginning February 1, 2013.

Documents

2 files

Issuer

F5 NETWORKS INC

CIK 0001048695

→

Entity typeoperating

IncorporatedWA

Related Parties

filerCIK 0001048695

Filing Metadata

Form type: 4
Filed: Nov 2, 7:00 PM ET
Accepted: Nov 3, 3:06 PM ET
Size: 29.2 KB

View on SEC.gov