AI assistant
Fortinet, Inc. — Director's Dealing 2024
Jan 2, 2024
29957_dirs_2024-01-02_0c82870f-57ad-4a7f-a55e-58e7cc1c8aa6.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2023-12-31
Reporting Person: Hsieh Ming (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-31 | Common Stock | M | 827 | $0.00 | Acquired | 53914 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-31 | Restricted Stock Units | $0.00 | M | 827 | Disposed | Common Stock (827) | Direct |
Footnotes
F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 17, 2023.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F3: The RSUs will vest in substantially equal increments on each of September 30, 2023, December 31, 2023, March 31, 2024, and the earlier of (i) June 30, 2024 and (ii) the date immediately preceding the Issuer's 2024 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.
F4: RSUs do not expire; they either vest or are canceled prior to vest date.