Fortinet, Inc. — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2019-11-22

Reporting Person: Xie Michael (Director, VP, Engineering & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-22	Common Stock	G	20000	$0.00	Disposed	6306828	Direct
2019-12-02	Common Stock	S	32538	$103.0957	Disposed	6274290	Direct
2019-12-02	Common Stock	S	66162	$103.9066	Disposed	6208128	Direct
2019-12-02	Common Stock	S	1300	$105.1754	Disposed	6206828	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3618214	Indirect
Common Stock	1991686	Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.

F2: Represents the aggregate of sales effected on the same day at different prices.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $102.57 and the highest price at which shares were sold was $103.57. The reporting person undertakes to provide upon request to the staff of the Securities Exchange Commission, the issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (3), (4) and (5) to this Form 4.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $103.58 and the highest price at which shares were sold was $104.40.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $104.64 and the highest price at which shares were sold was $105.22.

F6: .Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

F7: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.