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Fortinet, Inc. Director's Dealing 2018

Feb 12, 2018

29957_dirs_2018-02-12_8247dc8b-9a8e-495e-b8e8-cc6bf30b3c3e.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: 2018-02-12

Reporting Person: Whittle John (VP CorpDev&Strat Alliance, GC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-12 Common Stock M 626 $23.83 Acquired 9310 Direct
2018-02-12 Common Stock M 29320 $26.7 Acquired 38630 Direct
2018-02-12 Common Stock S 626 $46.87 Disposed 38004 Direct
2018-02-12 Common Stock S 29320 $47 Disposed 8684 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-02-12 Non-qualified Stock Option (right to buy) $23.83 M 626 Disposed 2023-02-11 Common Stock (626) Direct
2018-02-12 Employee Stock Option (right to buy) $26.70 M 29320 Disposed 2019-02-14 Common Stock (29320) 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 August 30, 2016.

F2: 1/4 of the shares subject to the option vested on February 11, 2017 and 1/48 of the shares subject to the option vests monthly thereafter.

F3: The option is 100% vested and exercisable.