Fortinet, Inc. — Director's Dealing 2022

Mar 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2022-03-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-21	Common Stock	M	700	$84.49	Acquired	700	Direct
2022-03-21	Common Stock	M	495	$114.48	Acquired	1195	Direct
2022-03-21	Common Stock	M	509	$171.93	Acquired	1704	Direct
2022-03-21	Common Stock	S	1704	$315.50	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-21	Stock Option (right to buy)	$84.49	M	700	Disposed	2026-02-21	Common Stock (700)	Direct
2022-03-21	Stock Option (right to buy)	$114.48	M	495	Disposed	2027-02-21	Common Stock (495)	Direct
2022-03-21	Stock Option (right to buy)	$171.93	M	509	Disposed	2028-02-19	Common Stock (509)	Direct

Footnotes

F1: The reported transaction was 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 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.

F3: 1/4 of the shares subject to the option will vest on February 21, 2021 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 will vest on February 19, 2022, 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.