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F5 Networks director Higginson exercises options

By Associated Press
June 9, 2008 | Comments (0)

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A director of F5 Networks Inc., which makes software to run computer networks, exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.

In a Form 4 filed with the SEC, Alan Higginson reported exercising the options on Thursday for $6.40 apiece and then selling the same number of shares on the same day for $31.26 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

F5 Networks is based in Seattle.

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