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Fortinet, Inc. Director's Dealing 2021

Jan 22, 2021

29957_dirs_2021-01-22_93065b39-47c3-4a98-9cac-27d375f45be0.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: 2021-01-21

Reporting Person: Whittle John (VP Corp Dev&Strat Alliance,GC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-01-21 Common Stock M 625 $37.24 Acquired 625 Direct
2021-01-21 Common Stock M 1215 $49.06 Acquired 1840 Direct
2021-01-21 Common Stock M 700 $84.49 Acquired 2540 Direct
2021-01-21 Common Stock S 2540 $151.36 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-21 Stock Option (right to buy) $37.24 M 625 Disposed 2024-02-16 Common Stock (625) Direct
2021-01-21 Stock Option (right to buy) $49.06 M 1215 Disposed 2025-02-20 Common Stock (1215) Direct
2021-01-21 Stock Option (right to buy) $84.49 M 700 Disposed 2026-02-21 Common Stock (700) Direct

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: 1/4 of the shares subject to the option vested on February 16, 2018 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the issuer on each vesting date.

F3: 1/4 of the shares subject to the option vested on February 20, 2019 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

F4: 1/4 of the shares subject to the option vested on February 21, 2020 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.