SEC Form 4 · accession 0001567619-19-003337
Fortinet, Inc. · FTNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Xie
Officer — VP, Engineering & CTO · Director
Period of report
Feb 11, 2019
Accepted (ET)
Feb 12, 2019 · 5:01 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 | Feb 11, 2019 | S | 9,024 | $81.5303 | D | 6,460,100 | D | |
| Common Stock | Feb 11, 2019 | S | 100 | $81.98 | D | 6,460,000 | D | |
| Common StockF4 | holding | — | — | — | 3,648,214 | I | See footnote | |
| Common StockF5 | 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.
- 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 $80.98 to $81.90 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.
- F4Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
- F5Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.