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Fortinet, Inc. — Director's Dealing 2019
Oct 1, 2019
29957_dirs_2019-10-01_bd463401-ffa3-4a90-87ba-1a6c55d4550f.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: 2019-09-30
Reporting Person: Sim Judith (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-30 | Common Stock | M | 816 | $0.00 | Acquired | 21908 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-30 | Restricted Stock Units | $0.00 | M | 816 | Disposed | Common Stock (816) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the reporting person on August 15, 2019.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: The RSUs will vest in substantially equal increments on each of September 30, 2019, December 31, 2019, March 31, 2020, and the earlier of (i) June 30, 2020 and (ii) the date immediately preceding the Issuer's 2020 annual meeting of shareholders, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.