------ U.S. SECURITIES AND EXCHANGE COMMISSION ------------------------------ FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL ------ ------------------------------ 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 (Print or Type Responses) ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person Reiter Joann M. F5 Networks, Inc. (ffiv) to Issuer (Check all applicable) -------------------------------------------- ---------------------------------------------- Director 10% Owner (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- --- c/o F5 Networks, Inc. Number of Reporting Month/Year X Officer Other (specify 401 Elliott Avenue West Person, if an entity November 2001 ---- (give title --- below) -------------------------------------------- (Voluntary) ------------------- below) (Street) 5. If Amendment, VP General Counsel and Corporate Seattle, WA 98119 Date of Original Secretary -------------------------------------------- (Month/Year) ------------------------------------ (City) (State) (Zip 7. Individual or Joint/Group Filing ------------------- (Check Applicable Line) X Form filed by One ---- Reporting Person Form filed by More Than ---- One Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 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) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 10/30/01 S 584 D $14.91 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/1/01 S 2,000 D $16.11 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/1/01 S 4,416 D $15.50 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/1/01 M 2,500 A $0.75 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/2/01 S 157 D $16.50 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/6/01 S 1,000 D $19.10 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/6/01 S 1,459 D $19.15 14,885 D ------------------------------------------------------------------------------------------------------------------------------------ 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). (Print or Type Responses) (Over) SEC 1474 (3-99) FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 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) ----------------------------------- Date Expira- Amount or -------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $96.25 11/1/01 J(1) 7,500 Common 7,500 (right to buy) Stock ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $45.50 11/1/01 J(1) 7,500 Common 7,500 (right to buy) Stock ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $0.75 11/1/01 M 2,500 9/14/08 Common 2,500 (right to buy) Stock ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 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) -------------------------------------------------------------------------- D -------------------------------------------------------------------------- D -------------------------------------------------------------------------- D -------------------------------------------------------------------------- -------------------------------------------------------------------------- -------------------------------------------------------------------------- -------------------------------------------------------------------------- Explanation of Responses: (1) Options cancelled. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ JOANN REITER 12/6/01 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 is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are Page 2 not required to respond unless the form displays a currently valid OMB Number. SEC 1474 (3-99)