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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.
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