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Fortinet, Inc. Director's Dealing 2022

May 10, 2022

29957_dirs_2022-05-10_86757c4a-3713-413a-9b54-211d8a29ae54.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: 2022-05-09

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-09 Common Stock S 280 $244.815 Disposed 5955797 Direct
2022-05-09 Common Stock S 368 $245.4409 Disposed 5955429 Direct
2022-05-09 Common Stock S 180 $246.8489 Disposed 5955249 Direct
2022-05-09 Common Stock S 213 $247.7999 Disposed 5955036 Direct
2022-05-09 Common Stock S 100 $248.748 Disposed 5954936 Direct
2022-05-09 Common Stock S 80 $249.7375 Disposed 5954856 Direct
2022-05-09 Common Stock S 100 $251.006 Disposed 5954756 Direct
2022-05-09 Common Stock S 40 $252.355 Disposed 5954716 Direct
2022-05-09 Common Stock S 80 $254.0575 Disposed 5954636 Direct
2022-05-09 Common Stock S 26 $255.46 Disposed 5954610 Direct
2022-05-09 Common Stock S 66 $257.7127 Disposed 5954544 Direct
2022-05-09 Common Stock S 100 $260.10 Disposed 5954444 Direct
2022-05-09 Common Stock S 20 $261.41 Disposed 5954424 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1991686 Indirect
Common Stock 3408214 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 $244.17 and the highest price at which shares were sold was $245.11. 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 (13) to this Form 4.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $245.17 and the highest price at which shares were sold was $245.97.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $246.17 and the highest price at which shares were sold was $247.16.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $247.40 and the highest price at which shares were sold was $248.35.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $248.47 and the highest price at which shares were sold was $249.31.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $249.54 and the highest price at which shares were sold was $250.00.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $250.70 and the highest price at which shares were sold was $251.57.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $252.31 and the highest price at which shares were sold was $252.40.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $253.75 and the highest price at which shares were sold was $254.49.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $255.26 and the highest price at which shares were sold was $255.52.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $257.63 and the highest price at which shares were sold was $257.81.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $259.71 and the highest price at which shares were sold was $260.57.

F14: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.

F15: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.