Chad Michael Whalen - Feb 1, 2025 Form 4 Insider Report for F5, INC. (FFIV)

Role
EVP, Worldwide Sales
Signature
/s/ Scot F. Rogers by Power of Attorney
Stock symbol
FFIV
Transactions as of
Feb 1, 2025
Transactions value $
-$2,093,790
Form type
4
Date filed
2/4/2025, 04:21 PM
Previous filing
Nov 6, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIV Common Stock Options Exercise $0 +5.03K +17.12% $0.00 34.4K Feb 1, 2025 Direct F1
transaction FFIV Common Stock Tax liability -$905K -3.05K -8.85% $297.26 31.4K Feb 1, 2025 Direct
transaction FFIV Common Stock Sale -$219K -759 -2.42% $288.11 30.6K Feb 3, 2025 Direct F2, F3
transaction FFIV Common Stock Sale -$407K -1.41K -4.6% $289.33 29.2K Feb 3, 2025 Direct F2, F4
transaction FFIV Common Stock Sale -$87.9K -303 -1.04% $290.16 28.9K Feb 3, 2025 Direct F2, F5
transaction FFIV Common Stock Sale -$255K -873 -3.02% $291.66 28K Feb 3, 2025 Direct F2, F6
transaction FFIV Common Stock Sale -$74.5K -255 -0.91% $292.21 27.8K Feb 3, 2025 Direct F2, F7
transaction FFIV Common Stock Sale -$145K -495 -1.78% $293.40 27.3K Feb 3, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIV Restricted Stock Unit Options Exercise $0 -2.43K -100% $0.00 0 Feb 1, 2025 Common Stock 2.43K $0.00 Direct F8, F9, F10
transaction FFIV Restricted Stock Unit Options Exercise $0 -952 -25.01% $0.00 2.85K Feb 1, 2025 Common Stock 952 $0.00 Direct F8, F10, F11
transaction FFIV Restricted Stock Unit Options Exercise $0 -932 -12.49% $0.00 6.53K Feb 1, 2025 Common Stock 932 $0.00 Direct F8, F10, F12
transaction FFIV Restricted Stock Unit Options Exercise $0 -717 -8.33% $0.00 7.89K Feb 1, 2025 Common Stock 717 $0.00 Direct F8, F10, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares acquired upon the vesting of February 1, 2022, November 1, 2022, November 1, 2023, and November 1, 2024 awards of service-based Restricted Stock Units.
F2 This transaction was executed pursuant to a Rule 10b5-1 trading plan dated 05/23/2024.
F3 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $287.68 to $288.525. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F4 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $288.73 to $289.67. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F5 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $289.74 to $290.20. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F6 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $291.06 to $292.04. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F7 The price in Column 4 is a weighted average sale price. The prices actually received ranged from $292.16 to $292.265. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F8 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.
F10 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.
F11 This November 1, 2022 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2023.
F12 This November 1, 2023 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2024.
F13 This November 1, 2024 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2025.