SEC Form 4/A · accession 0001567619-18-005577
Fortinet, Inc. · FTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael Xie
Officer — VP, Engineering & CTO · Director
Period of report
Nov 1, 2018
Accepted (ET)
Nov 9, 2018 · 4:37 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 StockF2,F3,F4 | Nov 2, 2018 | S | 9,173 | $72.4765 | D | 3,699,141 | I | See footnote |
| Common StockF2,F5,F4 | Nov 2, 2018 | S | 8,268 | $73.3475 | D | 3,690,873 | I | See footnote |
| Common StockF2,F6,F4 | Nov 2, 2018 | S | 3,700 | $74.2622 | D | 3,687,173 | I | See footnote |
| Common StockF2,F7,F4 | Nov 2, 2018 | S | 2,400 | $75.6304 | D | 3,684,773 | I | See footnote |
| Common StockF2,F8,F4 | Nov 2, 2018 | S | 2,400 | $76.2529 | D | 3,682,373 | I | See footnote |
| Common StockF2,F9,F4 | Nov 2, 2018 | S | 2,200 | $77.3186 | D | 3,680,173 | I | See footnote |
| Common StockF2,F10,F4 | Nov 2, 2018 | S | 950 | $78.32 | D | 3,679,223 | I | See footnote |
| Common StockF2,F11,F4 | Nov 2, 2018 | S | 609 | $79.3679 | D | 3,678,614 | I | See footnote |
| Common StockF2,F12,F4 | Nov 2, 2018 | S | 400 | $81.605 | D | 3,678,214 | I | See footnote |
| Common Stock | holding | — | — | — | 6,460,000 | D | ||
| Common StockF13 | holding | — | — | — | 1,991,686 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
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 May 22, 2018.
- F10Represents the weighted average sales price per share. The shares sold at prices ranging from $77.95 to $78.71 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.
- F11Represents the weighted average sales price per share. The shares sold at prices ranging from $79.11 to $79.80 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.
- F12Represents the weighted average sales price per share. The shares sold at prices ranging from $81.58 to $81.68 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.
- F13Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.
- 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 $71.92 to $72.91 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.
- F4Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
- F5Represents the weighted average sales price per share. The shares sold at prices ranging from $72.92 to $73.91 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.
- F6Represents the weighted average sales price per share. The shares sold at prices ranging from $73.92 to $74.90 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.
- F7Represents the weighted average sales price per share. The shares sold at prices ranging from $74.96 to $75.90 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.
- F8Represents the weighted average sales price per share. The shares sold at prices ranging from $75.92 to $76.85 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.
- F9Represents the weighted average sales price per share. The shares sold at prices ranging from $76.95 to $77.79 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.
Remarks
This amendment is being filed to include transactions involving securities indirectly held the Reporting Person that were effected on November 2, 2018, which were inadvertently omitted from the Form 4 filed by the Reporting Person with the U.S. Securities and Exchange Commission on November 5, 2018.