Filing Details

Accession Number:
0001209191-22-013540
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-28 16:11:53
Reporting Period:
2022-02-24
Accepted Time:
2022-02-28 16:11:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1262039 Fortinet Inc. FTNT Computer Peripheral Equipment, Nec (3577) 770560389
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1418649 Keith Jensen C/O Fortinet, Inc.
899 Kifer Road
Sunnyvale CA 94086
Cfo & Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-02-24 2,501 $49.06 3,384 No 4 M Direct
Common Stock Acquisiton 2022-02-24 2,947 $84.49 6,331 No 4 M Direct
Common Stock Acquisiton 2022-02-24 2,547 $114.48 8,878 No 4 M Direct
Common Stock Acquisiton 2022-02-24 9,585 $171.93 18,463 No 4 M Direct
Common Stock Disposition 2022-02-24 600 $277.65 17,863 No 4 S Direct
Common Stock Disposition 2022-02-24 369 $279.62 17,494 No 4 S Direct
Common Stock Disposition 2022-02-24 415 $282.09 17,079 No 4 S Direct
Common Stock Disposition 2022-02-24 300 $283.41 16,779 No 4 S Direct
Common Stock Disposition 2022-02-24 100 $285.15 16,679 No 4 S Direct
Common Stock Disposition 2022-02-24 200 $287.37 16,479 No 4 S Direct
Common Stock Disposition 2022-02-24 200 $288.34 16,279 No 4 S Direct
Common Stock Disposition 2022-02-24 800 $290.39 15,479 No 4 S Direct
Common Stock Disposition 2022-02-24 200 $290.89 15,279 No 4 S Direct
Common Stock Disposition 2022-02-24 172 $293.63 15,107 No 4 S Direct
Common Stock Disposition 2022-02-24 300 $295.35 14,807 No 4 S Direct
Common Stock Disposition 2022-02-24 800 $296.83 14,007 No 4 S Direct
Common Stock Disposition 2022-02-24 606 $297.66 13,401 No 4 S Direct
Common Stock Disposition 2022-02-24 100 $300.09 13,301 No 4 S Direct
Common Stock Disposition 2022-02-24 600 $301.47 12,701 No 4 S Direct
Common Stock Disposition 2022-02-24 1,200 $302.53 11,501 No 4 S Direct
Common Stock Disposition 2022-02-24 700 $303.94 10,801 No 4 S Direct
Common Stock Disposition 2022-02-24 500 $304.96 10,301 No 4 S Direct
Common Stock Disposition 2022-02-24 1,724 $305.92 8,577 No 4 S Direct
Common Stock Disposition 2022-02-24 600 $306.85 7,977 No 4 S Direct
Common Stock Disposition 2022-02-24 298 $307.83 7,679 No 4 S Direct
Common Stock Disposition 2022-02-24 500 $308.94 7,179 No 4 S Direct
Common Stock Disposition 2022-02-24 443 $310.57 6,736 No 4 S Direct
Common Stock Disposition 2022-02-24 500 $311.67 6,236 No 4 S Direct
Common Stock Disposition 2022-02-24 611 $312.34 5,625 No 4 S Direct
Common Stock Disposition 2022-02-24 1,615 $313.68 4,010 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2022-02-24 2,501 $0.00 2,501 $49.06
Common Stock Stock Option (right to buy) Disposition 2022-02-24 2,947 $0.00 2,947 $84.49
Common Stock Stock Option (right to buy) Disposition 2022-02-24 2,547 $0.00 2,547 $114.48
Common Stock Stock Option (right to buy) Disposition 2022-02-24 9,585 $0.00 9,585 $171.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-02-20 No 4 M Direct
11,784 2026-02-21 No 4 M Direct
20,370 2027-02-21 No 4 M Direct
28,758 2028-02-19 No 4 M Direct
Footnotes
  1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  2. Represents the weighted average sale price. The lowest price at which shares were sold was $277.51 and the highest price at which shares were sold was $278.20. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) through (25) to this Form 4.
  3. Represents the weighted average sale price. The lowest price at which shares were sold was $279.27 and the highest price at which shares were sold was $280.00.
  4. Represents the weighted average sale price. The lowest price at which shares were sold was $281.76 and the highest price at which shares were sold was $282.36.
  5. Represents the weighted average sale price. The lowest price at which shares were sold was $283.32 and the highest price at which shares were sold was $283.59.
  6. Represents the weighted average sale price. The lowest price at which shares were sold was $287.13 and the highest price at which shares were sold was $287.61.
  7. Represents the weighted average sale price. The lowest price at which shares were sold was $288.24 and the highest price at which shares were sold was $288.44.
  8. Represents the weighted average sale price. The lowest price at which shares were sold was $289.84 and the highest price at which shares were sold was $290.79.
  9. Represents the weighted average sale price. The lowest price at which shares were sold was $290.85 and the highest price at which shares were sold was $290.92.
  10. Represents the weighted average sale price. The lowest price at which shares were sold was $293.15 and the highest price at which shares were sold was $293.98.
  11. Represents the weighted average sale price. The lowest price at which shares were sold was $295.02 and the highest price at which shares were sold was $295.58.
  12. Represents the weighted average sale price. The lowest price at which shares were sold was $296.18 and the highest price at which shares were sold was $297.14.
  13. Represents the weighted average sale price. The lowest price at which shares were sold was $297.21 and the highest price at which shares were sold was $298.08.
  14. Represents the weighted average sale price. The lowest price at which shares were sold was $301.10 and the highest price at which shares were sold was $302.06.
  15. Represents the weighted average sale price. The lowest price at which shares were sold was $302.31 and the highest price at which shares were sold was $303.00.
  16. Represents the weighted average sale price. The lowest price at which shares were sold was $303.45 and the highest price at which shares were sold was $304.14.
  17. Represents the weighted average sale price. The lowest price at which shares were sold was $304.52 and the highest price at which shares were sold was $305.46.
  18. Represents the weighted average sale price. The lowest price at which shares were sold was $305.52 and the highest price at which shares were sold was $306.42.
  19. Represents the weighted average sale price. The lowest price at which shares were sold was $306.52 and the highest price at which shares were sold was $307.50.
  20. Represents the weighted average sale price. The lowest price at which shares were sold was $307.63 and the highest price at which shares were sold was $308.06.
  21. Represents the weighted average sale price. The lowest price at which shares were sold was $308.68 and the highest price at which shares were sold was $309.51.
  22. Represents the weighted average sale price. The lowest price at which shares were sold was $310.07 and the highest price at which shares were sold was $310.75.
  23. Represents the weighted average sale price. The lowest price at which shares were sold was $311.11 and the highest price at which shares were sold was $311.88.
  24. Represents the weighted average sale price. The lowest price at which shares were sold was $312.13 and the highest price at which shares were sold was $312.89.
  25. Represents the weighted average sale price. The lowest price at which shares were sold was $313.23 and the highest price at which shares were sold was $314.13.
  26. 1/4 of the shares subject to the option vested on February 20, 2019 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.
  27. 1/4 of the shares subject to the option vested on February 21, 2020 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.
  28. 1/4 of the shares subject to the option will vest 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.
  29. 1/4 of the shares subject to the option will vest 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.