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Fortinet, Inc. — Director's Dealing 2021
Aug 12, 2021
29957_dirs_2021-08-12_00c21466-7db3-4303-8b62-76ecb492fb94.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: 2021-08-12
Reporting Person: Ducourty Kelly (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-12 | Restricted Stock Units | $0.00 | A | 975 | Acquired | Common Stock (975) | 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 in substantially equal increments on each of September 30, 2021, December 31, 2021, March 31, 2022, and the earlier of (i) June 30, 2022 and (ii) the date immediately preceding the Issuer's 2022 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on each 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 vesting date.