SEC Form 4 · accession 0001567619-18-001777

Fortinet, Inc. · FTNT

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

Reporting owner

Officer — CFO & Chief Accounting Officer

Period of report

Aug 22, 2018

Accepted (ET)

Aug 24, 2018 · 4:31 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
Common Stock	Aug 22, 2018	M	625	$23.83	A	1,210	D
Common Stock	Aug 22, 2018	M	1,250	$37.24	A	2,460	D
Common Stock^F2,F3	Aug 22, 2018	S	1,875	$77.0519	D	585	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-qualified Stock Option (right to buy)^F4	$23.83	Aug 22, 2018	M	625	D	—	Feb 11, 2023	Common Stock	625	3,751	D
Non-qualified Stock Option (right to buy)^F5	$37.24	Aug 22, 2018	M	1,250	D	—	Feb 16, 2024	Common Stock	1,250	12,501	D

F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2018.
F2Represents the aggregate of sales effected on the same day at different prices.
F3Represents the weighted average sales price per share. The shares sold at prices ranging from $76.49 to $77.46 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.
F41/4 of the shares subject to the option vested on February 11, 2017 and 1/48 of the shares subject to the option vest monthly thereafter.
F51/4 of the shares subject to the option vested on February 16, 2018 and 1/48 of the shares subject to the option vest monthly thereafter.