Fortinet, Inc. — Director's Dealing 2025

Feb 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortinet, Inc. (FTNT)
CIK: 0001262039
Period of Report: 2025-02-18

Reporting Person: Xie Michael (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-18	Common Stock	M	473050	$9.812	Acquired	11326852	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-18	Nonqualified Stock Option (right to buy)	$9.812	M	473050	Disposed	2025-02-20	Common Stock (473050)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9958430	Indirect
Common Stock	17041070	Indirect
Common Stock	9500000	Indirect
Common Stock	9500000	Indirect

Footnotes

F1: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.

F2: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

F3: These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person.

F4: These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person's spouse.

F5: The options are fully vested.