------ U.S. SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
[ ] Check this box if no Expires: December 31, 2001
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response.........0.5
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
McADAM, JOHN F5 NETWORKS, INC. (ffiv) to Issuer (check all applicable)
-------------------------------------------- ---------------------------------------------- X Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
501 ELLIOTT AVENUE WEST Number of Reporting Month/Year X Officer X Other (specify
-------------------------------------------- Person (Voluntary) JANUARY 2001 ---- --- below)
(Street) ------------------- (give title below)
SEATTLE, WA 98119 5. If Amendment, PRESIDENT/CEO
-------------------------------------------- Date of Original DIRECTOR
(City) (State) (Zip) (Month/Year) ------------------------------------
7. Individual or Joint/Group Filing
------------------- (check applicable line)
X Form filed by One
---- Reporting Person
Form filed by More Than
---- One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities Form: Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Direct Beneficial
(Instr. 8) Owned at (D) or Ownership
(Month/ End of Month Indirect (Instr. 4)
Day/ --------------------------------------- (Instr. 3 and 4) (I)
Year) Code V Amount (A) or Price (Instr. 4)
(D)
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COMMON STOCK 01/18/01 M 50,000 A $1.00 50,000 D
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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).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT PAGE 1 OF 3 PAGES (Over)
REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. SEC 1474 (3-99)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Secur-
ative Year) of (D) (Instr. Year) ity
Security 3, 4, and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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NON-QUALIFIED STOCK $1.00 01/18/01 M 50,000 07/24/01 07/23/10 COMMON 50,000
OPTION (RIGHT TO BUY) (1) STOCK
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NON-QUALIFIED STOCK $9.50 1/1/01 A 100,000 01/01/02 01/01/11 COMMON 100,000
OPTION (RIGHT TO BUY)(2) STOCK
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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0 D
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100,000 D
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Explanation of Responses:
SEE CONTINUATION PAGE(S) FOR FOOTNOTES.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ JOHN McADAM 2/6/01
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this PAGE 2 OF 3 PAGES Page 2
form are not required to respond unless the form displays a currently valid OMB Number. SEC 1474 (3-99)
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McADAM, JOHN F5 NETWORKS, INC. (ffiv) PAGE 3 OF 3 PAGES 501 ELLIOTT AVENUE WEST JANUARY 2001 SEATTLE, WA 98119 |
(1) VESTING ACCELERATED 100% ON 1/18/01.
(2) OPTIONS VEST 50% AFTER ONE YEAR AND THE REMAINING 50% AFTER THE SECOND YEAR.