SEC Form 4 · accession 0001567619-18-000400
Fortinet, Inc. · FTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ming Hsieh
Director
Period of report
Aug 9, 2018
Accepted (ET)
Aug 10, 2018 · 4:33 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 | Aug 9, 2018 | M | 6,021 | $0.00 | A | 7,015 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Aug 9, 2018 | M | 6,021 | D | — | — | Common Stock | 6,021 | 0 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on November 9, 2017.
- F2Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F3100% of the RSUs vested on August 9, 2018. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.