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Fortinet, Inc. Director's Dealing 2019

May 24, 2019

29957_dirs_2019-05-24_4b654c24-90ac-4815-b35b-6fbf2214a83e.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: 2019-05-22

Reporting Person: Jensen Keith (CFO & Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-05-22 Common Stock M 2499 $49.06 Acquired 3207 Direct
2019-05-22 Common Stock S 2499 $82.0243 Disposed 708 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-05-22 Employee Stock Option (right to buy) $49.06 M 2499 Acquired 2025-02-20 Common Stock (2499) 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 November 20, 2018.

F2: Represents the weighted average sales price per share. The shares were sold at prices ranging from $81.60 to $82.44 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

F3: 1/4 of the shares subject to the option vested on February 20, 2019 and 1/48 of the shares subject to the option vest monthly thereafter.