0001140361-18-021597.txt : 20180503
0001140361-18-021597.hdr.sgml : 20180503
20180503184510
ACCESSION NUMBER: 0001140361-18-021597
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180501
FILED AS OF DATE: 20180503
DATE AS OF CHANGE: 20180503
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: 18805480
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
4
1
doc1.xml
FORM 4
X0306
4
2018-05-01
0
0001262039
FORTINET INC
FTNT
0001418649
Jensen Keith
C/O FORTINET, INC.
899 KIFER ROAD
SUNNYVALE
CA
94086
0
1
0
0
Interim CFO,Chief Acctg Offcr
Common Stock
2018-05-01
4
M
0
1562
0
A
8157
D
Common Stock
2018-05-01
4
M
0
250
0
A
8407
D
Common Stock
2018-05-01
4
M
0
312
0
A
8719
D
Common Stock
2018-05-01
4
M
0
937
0
A
9656
D
Common Stock
2018-05-01
4
M
0
1250
0
A
10906
D
Common Stock
2018-05-01
4
F
0
1494
55.74
D
9412
D
Restricted Stock Units
0
2018-05-01
4
M
0
1562
0
D
Common Stock
1562
1563
D
Restricted Stock Units
0
2018-05-01
4
M
0
250
0
D
Common Stock
250
750
D
Restricted Stock Units
0
2018-05-01
4
M
0
312
0
D
Common Stock
312
1563
D
Restricted Stock Units
0
2018-05-01
4
M
0
937
0
D
Common Stock
937
6563
D
Restricted Stock Units
0
2018-05-01
4
M
0
1250
0
D
Common Stock
1250
13750
D
Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 6, 2014.
Vesting of RSUs granted to the Reporting Person on February 11, 2015.
Vesting of RSUs granted to the Reporting Person on August 5, 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.
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 row 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. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
Each RSU represents a contingent right to receive one share of the Issuer's common stock.
25% of the RSUs vested on August 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 August 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.
/s/ John Whittle, by power of attorney
2018-05-03