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- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION -----------------------------
FORM 3 WASHINGTON, D.C. 20549 OMB APPROVAL
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number: 3235-0104
Expires: December 31, 2001
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Estimated average burden
Section 17(a) of the Public Utility Holding Company Act of 1935 or hours per response .... 0.5
(Print or Type Responses) Section 30(f) of the Investment Company Act of 1940 -----------------------------
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1. Name and Address of Reporting Person* 2. Date of Event Re- 4. Issuer Name AND Ticker or Trading Symbol
quiring Statement
Goldman Steven (Month/Day/Year) F5 NETWORKS, INC. (FFIV)
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(Last) (First) (Middle) June 3, 1999 5. Relationship of Reporting Person(s) 6.If Amendment, Date
----------------------- to Issuer (Check all applicable) of Original
3. IRS or Social Se- Director 10% Owner (Month/Day/Year)
C/o F5 Networks, Inc. curity Number of ---- ----
200 First Avenue West Reporting Person Officer (give Other (specify ---------------------
- ------------------------------------------------- (Voluntary) X title below) below) 7. Individual or
(Street) ---- ---- Joint/Group Filing
(Check Applicable
VP of Sales and Marketing Line)
------------------------------ Form filed by One
X Reporting Person
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Form filed by
More than One
Reporting Person
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Seattle, Washington 98119
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(City) (State) (Zip) TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Form: Direct Ownership (Instr. 5)
(Instr. 4) (D) or Indirect
(I)
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Common Stock 59,250 D
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Common Stock 33,000 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, SEE Instruction 5(b)(v).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED SEC 1473 (3-99)
TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB NUMBER.
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FORM 3 (CONTINUED) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
SECURITIES)
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1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) cisable and Underlying Derivative Security sion or ship Beneficial
Expiration (Instr. 4) Exercise Form of Ownership
Date Price of Deriv- (Instr. 5)
(Month/Day/ Deri- ative
Year) vative Security:
-------------------------------------------------- Security Direct
Amount (D) or
Date Expir- or Indirect
Exer- ation Title Number (I)
cisable Date of
Shares (Instr. 5)
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Option (right to buy) 7/14/98 7/14/2007 Common Stock 135,000(1) $0.05 D
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Option (right to buy) 7/14/98 7/14/2007 Common Stock 42,750(2) $0.05 D
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Option (right to buy) 10/28/98 10/27/2008 Common Stock 50,438(3) $0.75 D
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Option (right to buy) 1/1/99 12/31/2008 Common Stock 66,560(4) $1.50 D
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Explanation of Responses: (1) Grant to Reporting Person of an option to buy shares of Common Stock under the 1996 Stock Option Plan.
The original number of options granted was 180,000 and these options became exercisable 25% one year following the date of grant and
25% on each anniversary in years two to four following the date of grant. Each of the options has a ten-year term, but the term may
end earlier if the optionee ceases service with the Company. Reporting Person has exercised 45,500 of these options.
(2) Grant to Reporting Person of an option to buy shares of Common Stock under the 1996 Stock Option Plan. The original number of
options granted was 57,000 and these options became exercisable 25% one year following the date of grant and 25% on each anniversary
in years two to four following the date of grant. Each of the options has a ten-year term, but the term may end earlier if the
optionee ceases service with the Company. Reporting Person has exercised 14,250 of these options.
(3) Grant to Reporting Person of an option to buy shares of Common Stock under the Amended and Restated 1996 Stock Option Plan. The
options become exercisable 50% on the Date of Grant and 25% on October 1, 1999 and 25% on October 1, 2000.
(4) Grant to Reporting Person of an option to buy shares of Common Stock under the 1998 Equity Incentive Plan. The original number
of options granted was 99,650 and these options become exercisable 50% on the Date of Grant, 25% on on January 1, 2000 and 25% on
January 1, 2001. The Reporting Person has exercised 33,000 of these options.
/s/ Steven Goldman June 3, 1999
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**Intentional misstatements or omissions of facts constitute Federal Steven Goldman Date
Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to
respond unless the form displays a currently valid OMB Number. Page 2
SEC 1473 (3-99)
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