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Fortinet, Inc. — Director's Dealing 2017
Nov 13, 2017
29957_dirs_2017-11-13_ef126532-767a-454a-a6d3-d02a3b52189f.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: 2017-11-09
Reporting Person: Hsieh Ming (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-09 | Common Stock | S | 5332 | $39.6432 | Disposed | 331 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-09 | Restricted Stock Units | $0 | A | 6021 | Acquired | Common Stock (6021) | Direct |
Footnotes
F1: Represents the aggregate of sales effected on the same day at different prices.
F2: Represents the weighted average sales price per share. The shares sold at prices ranging from $39.30 to $39.655 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F4: 100% of the RSUs vest on August 9, 2018, subject to the continuing service of the Reporting Person on the vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.