Fortinet, Inc. — Director's Dealing 2021

Aug 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2021-08-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-24	Common Stock	S	11574	$299.6021	Disposed	5978451	Direct
2021-08-24	Common Stock	S	13302	$300.7866	Disposed	5965149	Direct
2021-08-24	Common Stock	S	6071	$301.5734	Disposed	5959078	Direct
2021-08-24	Common Stock	S	4823	$302.5635	Disposed	5954255	Direct
2021-08-24	Common Stock	S	1000	$304.0088	Disposed	5953255	Direct
2021-08-24	Common Stock	S	1530	$304.9412	Disposed	5951725	Direct
2021-08-24	Common Stock	S	900	$305.7811	Disposed	5950825	Direct
2021-08-24	Common Stock	S	800	$308.00	Disposed	5950025	Direct
2021-08-24	Common Stock	S	6745	$299.6953	Disposed	3441469	Indirect
2021-08-24	Common Stock	S	17748	$300.8055	Disposed	3423721	Indirect
2021-08-24	Common Stock	S	8423	$301.612	Disposed	3415298	Indirect
2021-08-24	Common Stock	S	4458	$302.594	Disposed	3410840	Indirect
2021-08-24	Common Stock	S	511	$303.722	Disposed	3410329	Indirect
2021-08-24	Common Stock	S	1090	$304.805	Disposed	3410239	Indirect
2021-08-24	Common Stock	S	925	$305.6353	Disposed	3408314	Indirect
2021-08-24	Common Stock	S	100	$308.00	Disposed	3408214	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 $299.24 and the highest price at which shares were sold was $300.18. The Reporting Person undertakes to provide upon request to the staff of the Securities and 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 (17) to this Form 4.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $300.24 and the highest price at which shares were sold was $301.23.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $301.24 and the highest price at which shares were sold was $302.20.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $302.24 and the highest price at which shares were sold was $303.23.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $303.40 and the highest price at which shares were sold was $304.31.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $304.54 and the highest price at which shares were sold was $305.46.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $305.63 and the highest price at which shares were sold was $306.02.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $299.26 and the highest price at which shares were sold was $300.25.

F10: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $300.26 and the highest price at which shares were sold was $301.25.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $301.255 and the highest price at which shares were sold was $302.245.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $302.27 and the highest price at which shares were sold was $303.22.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $303.28 and the highest price at which shares were sold was $304.09.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $304.34 and the highest price at which shares were sold was $305.305.

F16: Represents the weighted average sale price. The lowest price at which shares were sold was $305.36 and the highest price at which shares were sold was $306.03.

F17: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.