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Fortinet, Inc. — Director's Dealing 2022
Jun 17, 2022
29957_dirs_2022-06-17_3291bafe-bce8-45a9-beac-a32623860f27.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: 2022-06-16
Reporting Person: STAVRIDIS JAMES G. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-16 | Common Stock | M | 527 | $0.00 | Acquired | 527 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-16 | Restricted Stock Units | $0.00 | M | 527 | Disposed | Common Stock (527) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 18 2021.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: The RSUs will vest as to 100% of the underlying shares on the date immediately preceding the Issuer's 2022 annual meeting of shareholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
F4: RSUs do not expire; they either vest or are canceled prior to vest date.