Filing Details
- Accession Number:
- 0001209191-20-021179
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-25 19:12:30
- Reporting Period:
- 2020-03-24
- Accepted Time:
- 2020-03-25 19:12:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1262039 | Fortinet Inc. | FTNT | Computer Peripheral Equipment, Nec (3577) | 770560389 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1476336 | John Whittle | C/O Fortinet, Inc. 899 Kifer Road Sunnyvale CA 94086 | Vp Corp Dev&Strat Alliance,Gc | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-03-24 | 624 | $37.24 | 1,893 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-03-24 | 1,215 | $49.06 | 3,108 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-03-24 | 700 | $84.49 | 3,808 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-03-24 | 2,539 | $100.00 | 1,269 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2020-03-24 | 624 | $0.00 | 624 | $37.24 |
| Common Stock | Stock Option (right to buy) | Disposition | 2020-03-24 | 1,215 | $0.00 | 1,215 | $49.06 |
| Common Stock | Stock Option (right to buy) | Disposition | 2020-03-24 | 700 | $0.00 | 700 | $84.49 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 15,625 | 2024-02-16 | No | 4 | M | Direct | |
| 48,625 | 2025-02-20 | No | 4 | M | Direct | |
| 24,496 | 2026-02-21 | No | 4 | M | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- 1/4 of the shares subject to the option vested on February 16, 2018 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the issuer on each vesting date.
- 1/4 of the shares subject to the option vested on February 20, 2019 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
- 1/4 of the shares subject to the option vested on February 21, 2020 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Billionaire Hedge Funds
