0001209191-20-027193.txt : 20200505
0001209191-20-027193.hdr.sgml : 20200505
20200505170910
ACCESSION NUMBER: 0001209191-20-027193
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200501
FILED AS OF DATE: 20200505
DATE AS OF CHANGE: 20200505
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: 20849916
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
2020-05-01
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
2020-05-01
4
M
0
1875
0.00
A
3144
D
Common Stock
2020-05-01
4
M
0
1094
0.00
A
4238
D
Common Stock
2020-05-01
4
M
0
700
0.00
A
4938
D
Common Stock
2020-05-01
4
F
0
1821
104.34
D
3117
D
Restricted Stock Units
0.00
2020-05-01
4
M
0
1875
0.00
D
Common Stock
1875
5625
D
Restricted Stock Units
0.00
2020-05-01
4
M
0
1094
0.00
D
Common Stock
1094
7661
D
Restricted Stock Units
0.00
2020-05-01
4
M
0
700
0.00
D
Common Stock
700
7699
D
Vesting of restricted stock units previously granted to the Reporting Person.
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 in this Form 4 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 restricted stock units.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting.
25% of the restricted stock units vested on February 1, 2018, then the remaining 75% of the restricted stock units vest in equal installments on each quarterly anniversary thereafter until the restricted stock units 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 restricted stock units vested on February 1, 2019, then the remaining 75% of the restricted stock units vest in equal installments on each quarterly anniversary thereafter until the restricted stock units 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 restricted stock units vested on February 1, 2020, then the remaining 75% of the restricted stock units vest in equal installments on each quarterly anniversary thereafter until the restricted stock units 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/ Robert Turner, by power of attorney
2020-05-05