Sec Form 4 Filing - Reinland Andrew @ F5 NETWORKS INC - 2017-02-01

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Reinland Andrew
2. Issuer Name and Ticker or Trading Symbol
F5 NETWORKS INC [ FFIV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Chief Financial Officer
(Last) (First) (Middle)
C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST
3. Date of Earliest Transaction (MM/DD/YY)
02/01/2017
(Street)
SEATTLE, WA98119
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/01/2017 M 2,986 ( 1 ) A $ 0 21,393 D
Common Stock 02/01/2017 S 2,004 D $ 132.1699 ( 2 ) 19,389 D
Common Stock 02/01/2017 S 400 D $ 133.4212 ( 3 ) 18,989 D
Common Stock 02/01/2017 S 100 D $ 133.99 ( 4 ) 18,889 D
Common Stock 02/02/2017 S 400 D $ 131.325 ( 5 ) 18,489 D
Common Stock 02/02/2017 S 600 D $ 132.7967 ( 6 ) 17,889 D
Common Stock 02/02/2017 S 2,638 D $ 134.0944 ( 7 ) 15,251 D
Common Stock 02/02/2017 S 200 D $ 134.64 ( 8 ) 15,051 D
Common Stock 918 I by Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit ( 9 ) $ 0 02/01/2017 M 947 ( 10 ) ( 11 ) Common Stock 947 $ 0 2,841 D
Restricted Stock Unit ( 9 ) $ 0 02/01/2017 M 661 ( 12 ) ( 11 ) Common Stock 661 $ 0 4,625 D
Restricted Stock Unit ( 9 ) $ 0 02/01/2017 M 762 ( 13 ) ( 11 ) Common Stock 762 $ 0 8,389 D
Restricted Stock Unit ( 9 ) $ 0 02/01/2017 M 616 ( 14 ) ( 11 ) Common Stock 616 $ 0 9,240 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Reinland Andrew
C/O F5 NETWORKS, INC.
401 ELLIOTT AVE. WEST
SEATTLE, WA98119
EVP, Chief Financial Officer
Signatures
/s/ Scot F. Rogers by Power of Attorney 02/03/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares acquired upon vesting of the November 1, 2013, November 3, 2014, November 2, 2015 and November 1, 2016 awards of service-basedRestricted Stock Units.
( 2 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $131.80 to $132.58 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.
( 3 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $132.895 to $133.85 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.
( 4 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $133.99 to $134.9899 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.
( 5 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $130.95 to $131.70 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.
( 6 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $132.25 to $133.18 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.
( 7 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $133.55 to $134.53 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.
( 8 )This transaction was executed pursuant to a Rule 10b5-1 trading plan, in multiple trades at prices ranging from $134.63 to $134.65 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.
( 9 )Each Restricted Stock Unit represents a contingent right to receive one share of F5 Networks, Inc. Common Stock on the vest date.
( 10 )This November 1, 2013 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2014.
( 11 )If the reporting person continues to serve as an officer of the Company on the vest date, the corresponding number of shares of Common Stockof F5 Networks, Inc. will be issued to the reporting person on the vest date.
( 12 )This November 3, 2014 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2015.
( 13 )This November 2, 2015 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2016.
( 14 )This November 1, 2016 award of service-based Restricted Stock Units vests in sixteen equal quarterly increments beginning February 1, 2017.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.