F5 EVP Haiyan Song departs; separation agreement includes RSU acceleration and $218,597 payment

F5, INC.

Haiyan Song, EVP & GM of Security and Distributed Services, will leave F5 on March 15, 2023.
Song to provide transition services through March 15; receives accelerated vesting of 8,914 RSUs (subject to committee approval).
Separation includes $204,007 pro rata MBO/401(k) payment plus $14,590 for six months of COBRA premiums.

item 5.02 item 9.01

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Departed

Haiyan Song

Executive Vice President and General Manager of Security and Distributed Services

FFIV · F5, INC.

Effective: 2023-03-15
Filed: January 9, 2023, 6:59 PM ET

On January 4, 2023, in connection with the previously announced departure of Haiyan Song, Executive Vice President and General Manager of Security and Distributed Services of F5, Inc. (the “Company”), the Company and Ms. Song finalized her transition plan and entered into a separation arrangement.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Haiyan Song departed as Executive Vice President and General Manager of Security and Distributed Services at F5, INC..

Action: departed
Role: Executive Vice President and General Manager of Security and Distributed Services

Exact text from the filing

On January 4, 2023, in connection with the previously announced departure of Haiyan Song, Executive Vice President and General Manager of Security and Distributed Services of F5, Inc. (the “Company”), the Company and Ms. Song finalized her transition plan and entered into a separation arrangement.

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Source: SEC EDGAR

accession 0001048695-23-000003

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