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Filing Details

Accession Number:: 0001415889-24-027881
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-27 16:59:47
Reporting Period:: 2024-11-26

Accepted Time:: 2024-11-27 16:59:47
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
1418649	Keith Jensen	C/O Fortinet, Inc. 909 Kifer Road Sunnyvale CA 94086	Chief Financial Officer	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-11-26	5,670	$62.11	10,359	No	4	M	Direct
Common Stock	Acquisiton	2024-11-26	11,980	$34.39	22,339	No	4	M	Direct
Common Stock	Disposition	2024-11-26	4,076	$94.97	18,263	No	4	S	Direct
Common Stock	Disposition	2024-11-26	9,983	$95.65	8,280	No	4	S	Direct
Common Stock	Disposition	2024-11-26	3,591	$96.45	4,689	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2024-11-26	5,670	$0.00	5,670	$62.11
Common Stock	Stock Option (right to buy)	Disposition	2024-11-26	11,980	$0.00	11,980	$34.39

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
28,360		2029-02-17	No	4	M	Direct
11,985		2028-02-19	No	4	M	Direct

Footnotes

The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on March 6, 2024.
Represents the weighted average sale price. The lowest price at which shares were sold was $94.26 and the highest price at which shares were sold was $95.25. 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.
Represents the weighted average sale price. The lowest price at which shares were sold was $95.30 and the highest price at which shares were sold was $96.29. 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.
Represents the weighted average sale price. The lowest price at which shares were sold was $96.30 and the highest price at which shares were sold was $96.61. 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 will vest on February 17, 2023, 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.