0001415889-24-019656.txt : 20240717 0001415889-24-019656.hdr.sgml : 20240717 20240717160959 ACCESSION NUMBER: 0001415889-24-019656 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240715 FILED AS OF DATE: 20240717 DATE AS OF CHANGE: 20240717 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Xie Ken CENTRAL INDEX KEY: 0001475587 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34511 FILM NUMBER: 241122308 MAIL ADDRESS: STREET 1: 4655 GREAT AMERICA PARKWAY - SUITE 300 CITY: SANTA CLARA STATE: CA ZIP: 95054 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Fortinet, Inc. CENTRAL INDEX KEY: 0001262039 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770560389 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 909 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 408-235-7700 MAIL ADDRESS: STREET 1: 909 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 FORMER COMPANY: FORMER CONFORMED NAME: FORTINET INC DATE OF NAME CHANGE: 20030902 4 1 form4-07172024_080754.xml X0508 4 2024-07-15 0001262039 Fortinet, Inc. FTNT 0001475587 Xie Ken C/O FORTINET, INC. 909 KIFER ROAD SUNNYVALE CA 94086 true true false false PRESIDENT & CEO 1 Common Stock 2024-07-15 4 M 0 41667 9.812 A 48801561 D Common Stock 2024-07-15 4 S 0 21460 59.9523 D 48780101 D Common Stock 2024-07-15 4 S 0 2807 60.4869 D 48777294 D Common Stock 2024-07-16 4 M 0 41666 9.812 A 48818960 D Common Stock 2024-07-16 4 S 0 24246 59.6629 D 48794714 D Common Stock 4256201 I By trust Common Stock 4256201 I By trust Common Stock 3243799 I By trust Common Stock 3243799 I By trust Nonqualified Stock Option (right to buy) 9.812 2024-07-15 4 M 0 41667 0 D 2025-02-20 Common Stock 41667 625000 D Nonqualified Stock Option (right to buy) 9.812 2024-07-17 4 M 0 41666 0 D 2025-02-20 Common Stock 41666 583334 D The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 8, 2023. Represents the weighted average sale price. The lowest price at which shares were sold was $59.41 and the highest price at which shares were sold was $60.40. 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 (4) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $60.41 and the highest price at which shares were sold was $60.67. Represents the weighted average sale price. The lowest price at which shares were sold was $59.42 and the highest price at which shares were sold was $60.19. These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person. These securities are held by a grantor retained annuity trust for the benefit of the Reporting Person's spouse. These securities are held by a 2024 grantor retained annuity trust for the benefit of the Reporting Person. These securities are held by a 2024 grantor retained annuity trust for the benefit of the Reporting Person's spouse. The options are fully vested. /s/ Robert Turner, by power of attorney 2024-07-17