Fortinet, Inc. — Director's Dealing 2021

Feb 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2021-02-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-24	Common Stock	S	8059	$166.8819	Disposed	6061966	Direct
2021-02-24	Common Stock	S	3505	$167.4261	Disposed	6058461	Direct
2021-02-24	Common Stock	S	9318	$168.9354	Disposed	6049143	Direct
2021-02-24	Common Stock	S	19118	$169.6638	Disposed	6030025	Direct
2021-02-24	Common Stock	S	9503	$166.9679	Disposed	3518711	Indirect
2021-02-24	Common Stock	S	2566	$167.8031	Disposed	3516145	Indirect
2021-02-24	Common Stock	S	21903	$169.1474	Disposed	3494242	Indirect
2021-02-24	Common Stock	S	6028	$169.6011	Disposed	3488214	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 $166.18 and the highest price at which shares were sold was $167.18. 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) through (6), (8), (9) and (10) to this Form 4.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $167.19 and the highest price at which shares were sold was $167.99.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $168.29 and the highest price at which shares were sold was $169.28.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $169.30 and the highest price at which shares were sold was $170.19.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $166.43 and the highest price at which shares were sold was $167.40.

F7: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $167.455 and the highest price at which shares were sold was $168.37.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $168.47 and the highest price at which shares were sold was $169.47.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $169.475 and the highest price at which shares were sold was $169.87.

F11: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.