Fortinet, Inc. — Director's Dealing 2024

Oct 2, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2024-09-30

Reporting Person: NEUKOM WILLIAM H. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-30	Common Stock	M	1129	—	Acquired	149890	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-09-30	Restricted Stock Units	$0	M	1129	Disposed		Common Stock (1129)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	148303	Indirect

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2024.

F2: These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person.

F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

F4: The RSUs will vest in substantially equal increments on each of September 30, 2024, December 31, 2024, March 31, 2025, and the earlier of (i) June 30, 2025 and (ii) the date immediately preceding the Issuer's 2025 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.

F5: RSUs do not expire; they either vest or are canceled prior to vest date