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Fortinet, Inc. — Director's Dealing 2018
Nov 26, 2018
29957_dirs_2018-11-26_1a12bcd2-9168-49bd-939b-1ae4b7feb616.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: 2018-11-21
Reporting Person: Jensen Keith (CFO & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-21 | Common Stock | M | 625 | $23.83 | Acquired | 1245 | Direct |
| 2018-11-21 | Common Stock | M | 1250 | $37.24 | Acquired | 2495 | Direct |
| 2018-11-21 | Common Stock | S | 625 | $67.64 | Disposed | 1870 | Direct |
| 2018-11-21 | Common Stock | S | 550 | $68.3682 | Disposed | 1320 | Direct |
| 2018-11-21 | Common Stock | S | 700 | $69.0671 | Disposed | 620 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-21 | Non-qualified Stock Option (right to buy) | $23.83 | M | 625 | Disposed | 2023-02-11 | Common Stock (625) | Direct |
| 2018-11-21 | Non-qualified Stock Option (right to buy) | $37.24 | M | 1250 | Disposed | 2024-02-16 | Common Stock (1250) | Direct |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2018.
F2: Represents the aggregate of sales effected on the same day at different prices.
F3: Represents the weighted average sales price per share. The shares sold at prices ranging from $67.97 to $68.72 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.
F4: Represents the weighted average sales price per share. The shares sold at prices ranging from $68.99 to $69.21 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.
F5: 1/4 of the shares subject to the option vested on February 11, 2017 and 1/48 of the shares subject to the option vest monthly thereafter.
F6: 1/4 of the shares subject to the option vested on February 16, 2018 and 1/48 of the shares subject to the option vest monthly thereafter.