Fortinet, Inc. — Director's Dealing 2019

Nov 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2019-11-12

Reporting Person: Whittle John (EVP Corp Dev&Strat Alliance,GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-12	Common Stock	M	1875	$23.83	Acquired	15442	Direct
2019-11-12	Common Stock	M	1875	$37.24	Acquired	17317	Direct
2019-11-12	Common Stock	M	3647	$49.06	Acquired	20964	Direct
2019-11-12	Common Stock	S	12280	$100.00	Disposed	8684	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-12	Employee Stock Option (right to buy)	$23.83	M	1875	Disposed	2023-02-11	Common Stock (1875)	Direct
2019-11-12	Employee Stock Option (right to buy)	$37.24	M	1875	Disposed	2024-02-16	Common Stock (1875)	Direct
2019-11-12	Employee Stock Option (right to buy)	$49.06	M	3647	Disposed	2025-02-20	Common Stock (3647)	Direct

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: 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, subject to the Reporting Person's provision of service to the Issuer on each vesting date

F3: 1/4 of the shares subject to the option vested on February 16, 2018 and 1/48 of the shares subject to the option vests monthly thereafter, subject to the reporting person's provision of service to the issuer on each vesting date.

F4: 1/4 of the shares subject to the option vest on February 20, 2019 and 1/48 of the shares subject to the option vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.