0001209191-23-056655.txt : 20231127 0001209191-23-056655.hdr.sgml : 20231127 20231127162116 ACCESSION NUMBER: 0001209191-23-056655 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231124 FILED AS OF DATE: 20231127 DATE AS OF CHANGE: 20231127 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jensen Keith CENTRAL INDEX KEY: 0001418649 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34511 FILM NUMBER: 231440473 MAIL ADDRESS: STREET 1: C/O FORTINET, INC. STREET 2: 899 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94068 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Fortinet, Inc. CENTRAL INDEX KEY: 0001262039 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 770560389 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 899 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 408-235-7700 MAIL ADDRESS: STREET 1: 899 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 FORMER COMPANY: FORMER CONFORMED NAME: FORTINET INC DATE OF NAME CHANGE: 20030902 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-11-24 0 0001262039 Fortinet, Inc. FTNT 0001418649 Jensen Keith C/O FORTINET, INC. 909 KIFER ROAD SUNNYVALE CA 94086 0 1 0 0 CFO & Chief Accounting Officer 0 Common Stock 2023-11-24 4 M 0 12730 22.90 A 17316 D Common Stock 2023-11-24 4 M 0 11980 34.39 A 29296 D Common Stock 2023-11-24 4 S 0 24710 53.3666 D 4586 D Stock Option (right to buy) 22.90 2023-11-24 4 M 0 12730 0.00 D 2027-02-21 Common Stock 12730 12735 D Stock Option (right to buy) 34.39 2023-11-24 4 M 0 11980 0.00 D 2028-02-19 Common Stock 11980 59915 D The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 8, 2022. Represents the weighted average sale price. The lowest price at which shares were sold was $52.85 and the highest price at which shares were sold was $53.64. 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. 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. 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. /s/ Robert Turner, by power of attorney 2023-11-27