4//SEC Filing
Perche Patrice 4
Accession 0001209191-23-059552
CIK 0001262039other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 4:04 PM ET
Size
13.3 KB
Accession
0001209191-23-059552
Insider Transaction Report
Form 4
Fortinet, Inc.FTNT
Perche Patrice
Chief Revenue Off./EVP Supp.
Transactions
- Exercise/Conversion
Common Stock
2023-12-21$22.90/sh+3,810$87,249→ 29,540 total - Sale
Common Stock
2023-12-21$58.22/sh−7,535$438,655→ 25,730 total - Exercise/Conversion
Stock Option (right to buy)
2023-12-21−3,725→ 52,160 totalExercise: $34.39Exp: 2028-02-19→ Common Stock (3,725 underlying) - Exercise/Conversion
Common Stock
2023-12-21$34.39/sh+3,725$128,103→ 33,265 total - Exercise/Conversion
Stock Option (right to buy)
2023-12-21−3,810→ 7,615 totalExercise: $22.90Exp: 2027-02-21→ Common Stock (3,810 underlying)
Footnotes (4)
- [F1]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2022 and modified on December 6, 2022.
- [F2]Represents the weighted average sale price. The lowest price at which shares were sold was $57.74 and the highest price at which shares were sold was $58.66. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- [F3]1/4 of the shares subject to the option vested on February 21, 2021 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
- [F4]1/4 of the shares subject to the option vested on February 19, 2022, and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Documents
Issuer
Fortinet, Inc.
CIK 0001262039
Entity typeother
Related Parties
1- filerCIK 0001924858
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 4:04 PM ET
- Size
- 13.3 KB