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Fortinet, Inc. — Director's Dealing 2025
Apr 21, 2025
29957_dirs_2025-04-21_eaa697cb-7cbd-4f0a-8e7f-8323b19b7bba.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: 2025-04-18
Reporting Person: Ohlgart Christiane (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-18 | Performance Stock Units | $0 | A | 4382 | Acquired | Common Stock (4382) | Direct |
Footnotes
F1: Represents performance stock units ("PSUs") earned as a result of the achievement of performance criteria based on relative shareholder return pursuant to performance-based PSU awards with a performance period that ended on March 31, 2024, as certified by the HR Committee of the Issuer's Board of Directors on April 18, 2025.
F2: Each PSU represents a contingent right to receive one share of the Issuer's common stock.
F3: 100% of the PSUs vest and settle on May 1, 2025, subject to the Reporting Person's provision of service to the Issuer on such date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
F4: PSUs do not expire; they either vest or are canceled prior to the vesting date.