Fortinet, Inc. — Director's Dealing 2020

Mar 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2020-03-24

Reporting Person: Whittle John (VP Corp Dev&Strat Alliance,GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-24	Common Stock	M	624	$37.24	Acquired	1893	Direct
2020-03-24	Common Stock	M	1215	$49.06	Acquired	3108	Direct
2020-03-24	Common Stock	M	700	$84.49	Acquired	3808	Direct
2020-03-24	Common Stock	S	2539	$100.00	Disposed	1269	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-24	Stock Option (right to buy)	$37.24	M	624	Disposed	2024-02-16	Common Stock (624)	Direct
2020-03-24	Stock Option (right to buy)	$49.06	M	1215	Disposed	2025-02-20	Common Stock (1215)	Direct
2020-03-24	Stock Option (right to buy)	$84.49	M	700	Disposed	2026-02-21	Common Stock (700)	Direct

Footnotes

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

F2: 1/4 of the shares subject to the option vested on February 16, 2018 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the issuer on each vesting date.

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 will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

F4: 1/4 of the shares subject to the option vested on February 21, 2020 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.