Fortinet, Inc. — Director's Dealing 2023

Nov 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2023-11-21

Reporting Person: Perche Patrice (Chief Revenue Off./EVP Supp.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-21	Common Stock	M	3805	$22.90	Acquired	29535	Direct
2023-11-21	Common Stock	M	3730	$34.39	Acquired	33265	Direct
2023-11-21	Common Stock	S	7535	$51.77	Disposed	25730	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-21	Stock Option (right to buy)	$22.90	M	3805	Disposed	2027-02-21	Common Stock (3805)	Direct
2023-11-21	Stock Option (right to buy)	$34.39	M	3730	Disposed	2028-02-19	Common Stock (3730)	Direct

Footnotes

F1: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2022 and modified on December 6, 2022.

F2: 1/4 of the shares subject to the option vested 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.

F3: 1/4 of the shares subject to the option vested 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.