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Fortinet, Inc. Director's Dealing 2020

Feb 13, 2020

29957_dirs_2020-02-13_7089974b-33ac-4dbe-8621-96c99b3287fe.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2020-02-11

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-11 Common Stock S 2884 $116.9946 Disposed 6211287 Direct
2020-02-11 Common Stock S 1782 $117.7181 Disposed 6209505 Direct
2020-02-11 Common Stock S 1977 $119.0289 Disposed 6207528 Direct
2020-02-11 Common Stock S 700 $119.6814 Disposed 6192828 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1991686 Indirect
Common Stock 3618214 Indirect

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: Represents the weighted average sale price. The lowest price at which shares were sold was $116.49 and the highest price at which shares were sold was $117.48. 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), (3), (4) and (5) to this Form 4.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $117.51 and the highest price at which shares were sold was $117.92.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $118.52 and the highest price at which shares were sold was $119.47.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $119.55 and the highest price at which shares were sold was $120.10.

F6: This amendment to Form 4 reflects the correct number of shares directly held by the Reporting Person after giving effect to a gift of shares reported on Form 5 filed by the Reporting Person on February 13, 2020.

F7: This amendment to Form 4 includes the Reporting Person's indirect holdings, which were inadvertently omitted in Form 4 filed on February 12, 2020.

F8: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.

F9: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.