0001209191-21-062686.txt : 20211103 0001209191-21-062686.hdr.sgml : 20211103 20211103161335 ACCESSION NUMBER: 0001209191-21-062686 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211101 FILED AS OF DATE: 20211103 DATE AS OF CHANGE: 20211103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPRAGUE KARA LYNN CENTRAL INDEX KEY: 0001720763 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26041 FILM NUMBER: 211375506 MAIL ADDRESS: STREET 1: C/O F5 NETWORKS, INC. STREET 2: 401 ELLIOTT AVE. WEST CITY: SEATTLE STATE: WA ZIP: 98119 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: F5 NETWORKS, INC. CENTRAL INDEX KEY: 0001048695 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 911714307 STATE OF INCORPORATION: WA FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 801 5TH AVENUE CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: 2062725555 MAIL ADDRESS: STREET 1: 801 5TH AVENUE CITY: SEATTLE STATE: WA ZIP: 98104 FORMER COMPANY: FORMER CONFORMED NAME: F5 NETWORKS INC DATE OF NAME CHANGE: 19990308 FORMER COMPANY: FORMER CONFORMED NAME: F5 LABS INC DATE OF NAME CHANGE: 19990305 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-11-01 0 0001048695 F5 NETWORKS, INC. FFIV 0001720763 SPRAGUE KARA LYNN C/O F5 NETWORKS, INC. 801 5TH AVENUE SEATTLE WA 98104 0 1 0 0 EVP & GM, Application Services Common Stock 2021-11-01 4 M 0 3280 0.00 A 38067 D Common Stock 2021-11-01 4 F 0 4903 0.00 D 33164 D Restricted Stock Unit 0.00 2021-11-01 4 M 0 1244 0.00 D Common Stock 1244 0 D Restricted Stock Unit 0.00 2021-11-01 4 M 0 857 0.00 D Common Stock 857 6859 D Restricted Stock Unit 0.00 2021-11-01 4 M 0 466 0.00 D Common Stock 466 0 D Restricted Stock Unit 0.00 2021-11-01 4 M 0 713 0.00 D Common Stock 713 2852 D Restricted Stock Unit 0.00 2021-11-01 4 A 0 7671 0.00 A Common Stock 7671 7671 D 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. Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date. This November 1, 2017 award of service-based Restricted Stock Units vests twenty five percent (25%) on November 1, 2018, and the remaining seventy five percent (75%) vests in twelve equal quarterly increments beginning February 1, 2019. 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. This November 2, 2020 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2021. This November 1, 2018 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2019. This November 1, 2019 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2020. Concurrent with the award of 7,671 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 7,671 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. This November 1, 2021 award of service-based Restricted Stock Units vests in twelve equal quarterly increments beginning February 1, 2022. /s/ Scot F. Rogers by Power of Attorney 2021-11-03