0001567619-19-022038.txt : 20191121 0001567619-19-022038.hdr.sgml : 20191121 20191121172347 ACCESSION NUMBER: 0001567619-19-022038 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191120 FILED AS OF DATE: 20191121 DATE AS OF CHANGE: 20191121 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: 191238119 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 doc1.xml FORM 4 X0306 4 2019-11-20 0 0001262039 Fortinet, Inc. FTNT 0001476336 Whittle John C/O FORTINET, INC. 899 KIFER ROAD SUNNYVALE CA 94086 0 1 0 0 EVP Corp Dev&Strat Alliance,GC Common Stock 2019-11-20 4 M 0 625 23.83 A 9309 D Common Stock 2019-11-20 4 M 0 625 37.24 A 9934 D Common Stock 2019-11-20 4 M 0 1215 49.06 A 11149 D Common Stock 2019-11-20 4 S 0 1162 102.51 D 9987 D Common Stock 2019-11-20 4 S 0 603 103.86 D 9384 D Common Stock 2019-11-20 4 S 0 700 105.07 D 8684 D Employee Stock Option (right to buy) 23.83 2019-11-20 4 M 0 625 0.00 D 2023-02-11 Common Stock 625 2501 D Employee Stock Option (right to buy) 37.24 2019-11-20 4 M 0 625 0.00 D 2024-02-16 Common Stock 625 18125 D Employee Stock Option (right to buy) 49.06 2019-11-20 4 M 0 1215 0 D 2025-02-20 Common Stock 1215 53488 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. 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, 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 16, 2018 and 1/48 of the shares subject to the option vests 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 vest on February 20, 2019 and 1/48 of the shares subject to the option vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Represents the weighted average sale price. The lowest price at which shares were sold was $102.29 and the highest price at which shares were sold was $102.80. The reporting person undertakes to provide upon request to the staff of the Securities 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 (5), (6) and (7) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $103.61 and the highest price at which shares were sold was $104.32. Represents the weighted average sale price. The lowest price at which shares were sold was $104.77 and the highest price at which shares were sold was $105.47. /s/ John Whittle 2019-11-21