SEC Form 4 · accession 0001140361-15-003187
Fortinet, Inc. · FTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken Xie
Officer — President & CEO · Director
Period of report
Jan 29, 2015
Accepted (ET)
Jan 29, 2015 · 7:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 23, 2014 | G | 60,000 | $0.00 | D | 12,761,139 | D | |
| Common Stock | Jan 29, 2015 | M | 300,000 | $3.735 | A | 13,061,139 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $3.735 | Jan 29, 2015 | M | 300,000 | D | — | Jul 31, 2015 | Common Stock | 300,000 | 0 | D |
Explanation of responses
- F1The option is 100% vested and exercisable.