SEC Form 4 · accession 0001140361-16-078850
Fortinet, Inc. · FTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Whittle
Officer — VP CorpDev&Strat Alliance, GC
Period of report
Sep 1, 2016
Accepted (ET)
Sep 2, 2016 · 6:59 pm EDT
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 | Sep 1, 2016 | M | 834 | $26.70 | A | 5,515 | D | |
| Common Stock | Sep 1, 2016 | S | 834 | $36.70 | D | 4,681 | 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)F2 | $26.70 | Sep 1, 2016 | M | 834 | D | — | Feb 14, 2019 | Common Stock | 834 | 39,166 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2016.
- F2The option is 100% vested and exercisable.