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Fortinet, Inc. — Director's Dealing 2015
Aug 10, 2015
29957_dirs_2015-08-10_83bce49a-9227-489d-afbb-717716c2e80c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2015-08-06
Reporting Person: Hsieh Ming (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-06 | Common Stock | M | 1325 | — | Acquired | 11325 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-06 | Restricted Stock Units | $0 | M | 1325 | Disposed | Common Stock (1325) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 6, 2014.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: 25% of the RSUs vested on August 6, 2015, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing service of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.