SEC Form 4 · accession 0001140361-16-089054

Fortinet, Inc. · FTNT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & CEO · Director

Period of report

Dec 5, 2016

Accepted (ET)

Dec 7, 2016 · 6:25 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
Common Stock	Dec 5, 2016	M	20,000	$8.43	A	12,835,800	D
Common Stock^F1,F2	Dec 5, 2016	S	20,000	$30.2461	D	12,815,800	D
Common Stock	Dec 7, 2016	M	30,000	$8.43	A	12,845,800	D
Common Stock^F1,F3	Dec 7, 2016	S	30,000	$30.4664	D	12,815,800	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F4	$8.43	Dec 5, 2016	M	20,000	D	—	Feb 10, 2017	Common Stock	20,000	80,000	D
Employee Stock Option (right to buy)^F4	$8.43	Dec 7, 2016	M	30,000	D	—	Feb 10, 2017	Common Stock	30,000	50,000	D

F1Represents the aggregate of sales effected on the same day at different prices.
F2Represents the weighted average sales price per share. The shares sold at prices ranging from $30.00 to $30.47 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3Represents the weighted average sales price per share. The shares sold at prices ranging from $30.00 to $30.87 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F4The option is 100% vested and exercisable.