SEC Form 4 · accession 0001140361-18-005600
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
Feb 6, 2018
Accepted (ET)
Feb 7, 2018 · 4:45 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 | Feb 6, 2018 | M | 9,846 | $26.70 | A | 18,530 | D | |
| Common Stock | Feb 6, 2018 | S | 9,846 | $47.00 | D | 8,684 | 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 | Feb 6, 2018 | M | 9,846 | D | — | Feb 14, 2019 | Common Stock | 9,846 | 29,320 | 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 August 30, 2016.
- F2The option is 100% vested and exercisable.