0001140361-18-005116.txt : 20180205 0001140361-18-005116.hdr.sgml : 20180205 20180205182448 ACCESSION NUMBER: 0001140361-18-005116 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180201 FILED AS OF DATE: 20180205 DATE AS OF CHANGE: 20180205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whittle John CENTRAL INDEX KEY: 0001476336 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34511 FILM NUMBER: 18575638 MAIL ADDRESS: STREET 1: 1090 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 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 4 1 doc1.xml FORM 4 X0306 4 2018-02-01 0 0001262039 FORTINET INC FTNT 0001476336 Whittle John C/O FORTINET, INC. 899 KIFER ROAD SUNNYVALE CA 94086 0 1 0 0 VP Corp Dev&Strat Alliance,GC Common Stock 2018-02-01 4 M 0 2500 0 A 7181 D Common Stock 2018-02-01 4 M 0 1875 0 A 9056 D Common Stock 2018-02-01 4 M 0 1875 0 A 10931 D Common Stock 2018-02-01 4 M 0 7500 0 A 18431 D Common Stock 2018-02-01 4 A 0 10711 0 A 29142 D Common Stock 2018-02-01 4 F 0 9355 45.87 D 19787 D Common Stock 2018-02-01 4 M 0 625 23.83 A 20412 D Common Stock 2018-02-01 4 S 0 625 45.75 D 19787 D Common Stock 2018-02-05 4 S 0 4376 44.3531 D 15411 D Common Stock 2018-02-05 4 S 0 6727 45.0149 D 8684 D Restricted Stock Units 0 2018-02-01 4 M 0 2500 0 D Common Stock 2500 0 D Restricted Stock Units 0 2018-02-01 4 M 0 1875 0 D Common Stock 1875 7500 D Restricted Stock Units 0 2018-02-01 4 M 0 1875 0 D Common Stock 1875 15000 D Restricted Stock Units 0 2018-02-01 4 M 0 7500 0 D Common Stock 7500 22500 D Non-qualified Stock Option (right to buy) 23.83 2018-02-01 4 M 0 625 0 D 2023-02-11 Common Stock 625 15626 D Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 12, 2014. Vesting of RSUs granted to the Reporting Person on February 11, 2015. Vesting of RSUs granted to the Reporting Person on February 11, 2016. Vesting of RSUs granted to the Reporting Person on February 16, 2017. Represents shares earned by the Reporting Person as a result of the vesting of performance stock units ("PSUs") granted to the Reporting Person on February 11, 2015. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this line were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs and PSUs. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2016. Represents the aggregate of sales effected on the same day at different prices. Represents the weighted average sales price per share. The shares sold at prices ranging from $43.70 to $44.69 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. Represents the weighted average sales price per share. The shares sold at prices ranging from $44.70 to $45.63 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. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs vest on February 1, 2015, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. 25% of the RSUs vest on February 1, 2016, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. 25% of the RSUs vest on February 1, 2017, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. 25% of the RSUs vest on February 1, 2018, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. 1/4 of the shares subject to the option vested on February 11, 2017 and 1/48 of the shares subject to the option vests monthly thereafter. /s/John Whittle 2018-02-05