Filing Details
- Accession Number:
- 0001209191-23-043200
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-07-24 16:30:43
- Reporting Period:
- 2023-07-21
- Accepted Time:
- 2023-07-24 16:30:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1924858 | Patrice Perche | C/O Fortinet, Inc. 899 Kifer Road Sunnyvale CA 94086 | Chief Revenue Off./Evp Supp. | 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 | 2023-07-21 | 3,805 | $22.90 | 29,535 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-07-21 | 3,725 | $34.39 | 33,260 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-07-21 | 7,530 | $78.49 | 25,730 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | 2023-07-21 | 3,805 | $0.00 | 3,805 | $22.90 |
| Common Stock | Stock Option (right to buy) | Disposition | 2023-07-21 | 3,725 | $0.00 | 3,725 | $34.39 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 26,655 | 2027-02-21 | No | 4 | M | Direct | |
| 70,790 | 2028-02-19 | No | 4 | M | Direct |
Footnotes
- The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2022 and modified on December 6, 2022.
- Represents the weighted average sale price. The lowest price at which shares were sold was $78.11 and the highest price at which shares were sold was $78.99. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- 1/4 of the shares subject to the option vested on February 21, 2021 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 19, 2022, 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
