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Fortinet, Inc. Director's Dealing 2019

Jun 24, 2019

29957_dirs_2019-06-24_bbd3df78-ccfd-4656-a15e-2e7d109f882d.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: 2019-06-21

Reporting Person: Cohen Peter Dale Jr. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-06-21 Common Stock M 3592 $0.00 Acquired 7059 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-06-21 Restricted Stock Units $0.00 M 3592 Disposed Common Stock (3592) Direct
2019-06-21 Restricted Stock Units $0.00 D 10000 Disposed Common Stock (10000) Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 15, 2018.

F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F3: 100% of the RSUs vested on June 21, 2019. Shares of the Issuer's common stock were delivered to the Reporting Person upon vesting.

F4: 50% of the RSUs will vest on August 9, 2019, and the remaining 50% of the RSUs will vest on August 9, 2020, subject to the continuing service of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.