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Fortinet, Inc. Director's Dealing 2021

May 25, 2021

29957_dirs_2021-05-25_017be77e-d1ce-444f-9cb7-e9d4902e48d9.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: 2021-05-24

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-24 Common Stock S 2588 $212.5715 Disposed 6027437 Direct
2021-05-24 Common Stock S 26461 $213.5651 Disposed 6000976 Direct
2021-05-24 Common Stock S 10951 $214.3392 Disposed 5990025 Direct
2021-05-24 Common Stock S 809 $212.0365 Disposed 3487405 Indirect
2021-05-24 Common Stock S 19080 $213.4099 Disposed 3468325 Indirect
2021-05-24 Common Stock S 19267 $214.2023 Disposed 3449058 Indirect
2021-05-24 Common Stock S 844 $214.7089 Disposed 3448214 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 $212.04 and the highest price at which shares were sold was $213.03. 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 (9) to this Form 4.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $213.04 and the highest price at which shares were sold was $214.03.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $214.04 and the highest price at which shares were sold was $214.72.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $211.53 and the highest price at which shares were sold was $212.44.

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 $212.67 and the highest price at which shares were sold was $213.665.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $213.67 and the highest price at which shares were sold was $214.66.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $214.675 and the highest price at which shares were sold was $214.75.

F10: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.