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Fortinet, Inc. — Director's Dealing 2020
Nov 13, 2020
29957_dirs_2020-11-13_1f94f352-6e34-48f5-b538-98d90b40bf52.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: 2020-11-12
Reporting Person: GOLDMAN KENNETH A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-12 | Restricted Stock Units | $0.00 | A | 1408 | Acquired | Common Stock (1408) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2: The RSUs will vest as to 100% of the underlying shares on the earlier of (i) June 30, 2021 and (ii) the date immediately preceding the Issuer's 2021 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
F3: RSUs do not expire; they either vest or are canceled prior to the vesting date.