0001209191-22-004640.txt : 20220124 0001209191-22-004640.hdr.sgml : 20220124 20220124172914 ACCESSION NUMBER: 0001209191-22-004640 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220121 FILED AS OF DATE: 20220124 DATE AS OF CHANGE: 20220124 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: 22550464 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 FORMER COMPANY: FORMER CONFORMED NAME: FORTINET INC DATE OF NAME CHANGE: 20030902 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-01-21 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 2022-01-21 4 M 0 1216 49.06 A 1216 D Common Stock 2022-01-21 4 M 0 700 84.49 A 1916 D Common Stock 2022-01-21 4 M 0 496 114.48 A 2412 D Common Stock 2022-01-21 4 S 0 112 288.7293 D 2300 D Common Stock 2022-01-21 4 S 0 100 289.45 D 2200 D Common Stock 2022-01-21 4 S 0 300 292.0233 D 1900 D Common Stock 2022-01-21 4 S 0 100 293.35 D 1800 D Common Stock 2022-01-21 4 S 0 100 294.49 D 1700 D Common Stock 2022-01-21 4 S 0 100 295.75 D 1600 D Common Stock 2022-01-21 4 S 0 300 297.0533 D 1300 D Common Stock 2022-01-21 4 S 0 200 298.305 D 1100 D Common Stock 2022-01-21 4 S 0 700 299.7543 D 400 D Common Stock 2022-01-21 4 S 0 300 302.2767 D 100 D Common Stock 2022-01-21 4 S 0 100 303.14 D 0 D Stock Option (right to buy) 49.06 2022-01-21 4 M 0 1216 0.00 D 2025-02-20 Common Stock 1216 21881 D Stock Option (right to buy) 84.49 2022-01-21 4 M 0 700 0.00 D 2026-02-21 Common Stock 700 9099 D Stock Option (right to buy) 114.48 2022-01-21 4 M 0 496 0.00 D 2027-02-21 Common Stock 496 12394 D The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. Represents the weighted average sale price. The lowest price at which shares were sold was $288.77 and the highest price at which shares were sold was $288.39. 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 ranges set forth in footnotes (2) through (7) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $291.92 and the highest price at which shares were sold was $292.19. Represents the weighted average sale price. The lowest price at which shares were sold was $297.00 and the highest price at which shares were sold was $297.11. Represents the weighted average sale price. The lowest price at which shares were sold was $298.16 and the highest price at which shares were sold was $298.45. Represents the weighted average sale price. The lowest price at which shares were sold was $299.30 and the highest price at which shares were sold was $300.08. Represents the weighted average sale price. The lowest price at which shares were sold was $301.74 and the highest price at which shares were sold was $302.56. 1/4 of the shares subject to the option vested on February 20, 2019 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 21, 2020 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 will vest 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. /s/ Robert Turner, by power of attorney 2022-01-24