Filing Details

Accession Number:
0001209191-23-058058
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-11 16:28:51
Reporting Period:
2023-12-08
Accepted Time:
2023-12-11 16:28:51
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
1475586 Michael Xie C/O Fortinet, Inc.
909 Kifer Road
Sunnyvale CA 94086
Vp, Engineering & Cto Yes 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 Disposition 2023-12-08 23,059 $51.19 29,909,844 No 4 S Direct
Common Stock Disposition 2023-12-08 2,826 $52.13 29,907,018 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 9,958,430 Indirect See Footnote
Common Stock 17,041,070 Indirect See Footnote
Footnotes
  1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 8, 2023.
  2. Represents the weighted average sale price. The lowest price at which shares were sold was $50.98 and the highest price at which shares were sold was $51.96. 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) and (3) to this Form 4.
  3. Represents the weighted average sale price. The lowest price at which shares were sold was $51.99 and the highest price at which shares were sold was $52.30.
  4. Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.
  5. Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.