Fortinet, Inc. — Director's Dealing 2020

Nov 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2020-11-24

Reporting Person: Xie Michael (Director, VP, Engineering & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-24	Common Stock	S	300	$116.0467	Disposed	6130725	Direct
2020-11-24	Common Stock	S	4200	$117.4998	Disposed	6099525	Direct
2020-11-24	Common Stock	S	5500	$118.3798	Disposed	6094025	Direct
2020-11-24	Common Stock	S	609	$116.5448	Disposed	3537605	Indirect
2020-11-24	Common Stock	S	5865	$117.6589	Disposed	3531740	Indirect
2020-11-24	Common Stock	S	3526	$118.3707	Disposed	3528214	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1991686	Indirect

Footnotes

F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.

F2: Represents the weighted average sale price. The lowest price at which shares were sold was $115.86 and the highest price at which shares were sold was $116.29. The reporting person undertakes to provide upon request to the staff of the Securities Exchange Commission, the issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5), (7) and (8) to this Form 4.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $116.87 and the highest price at which shares were sold was $17.845.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $117.89 and the highest price at which shares were sold was $118.75.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $116.09 and the highest price at which shares were sold was $117.06.

F6: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $117.095 and the highest price at which shares were sold was $118.09.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $118.13 and the highest price at which shares were sold was $118.72.

F9: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.