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Xie Michael's Form 4 filing

Fortinet, Inc. (FTNT) · filed Aug 25, 2021

Accession no.
0001209191-21-053325
Filed
Aug 25, 2021
Trade date
Aug 24, 2021
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 16 non-derivative transactions. Open-market sales total $24.1M. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Xie MichaelCIK 0001475586Director, Officer (VP, Engineering & CTO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 24, 2021Common StockSSaleDisposed−11,574$299.60F2−$3,467,570.45,978,451Direct
Aug 24, 2021Common StockSSaleDisposed−13,302$300.79F3−$4,001,108.585,965,149Direct
Aug 24, 2021Common StockSSaleDisposed−6,071$301.57F4−$1,830,831.475,959,078Direct
Aug 24, 2021Common StockSSaleDisposed−4,823$302.56F5−$1,459,246.885,954,255Direct
Aug 24, 2021Common StockSSaleDisposed−1,000$304.01F6−$304,0105,953,255Direct
Aug 24, 2021Common StockSSaleDisposed−1,530$304.94F7−$466,558.25,951,725Direct
Aug 24, 2021Common StockSSaleDisposed−900$305.78F8−$275,2025,950,825Direct
Aug 24, 2021Common StockSSaleDisposed−800$308.00−$246,4005,950,025Direct
Aug 24, 2021Common StockSSaleDisposed−6,745$299.70F9−$2,021,476.53,441,469Indirect
Aug 24, 2021Common StockSSaleDisposed−17,748$300.81F11−$5,338,775.883,423,721Indirect
Aug 24, 2021Common StockSSaleDisposed−8,423$301.61F12−$2,540,461.033,415,298Indirect
Aug 24, 2021Common StockSSaleDisposed−4,458$302.59F13−$1,348,946.223,410,840Indirect
Aug 24, 2021Common StockSSaleDisposed−511$303.72F14−$155,200.923,410,329Indirect
Aug 24, 2021Common StockSSaleDisposed−1,090$304.81F15−$332,242.93,410,239Indirect
Aug 24, 2021Common StockSSaleDisposed−925$305.64F16−$282,7173,408,314Indirect
Aug 24, 2021Common StockSSaleDisposed−100$308.00−$30,8003,408,214Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Represents the weighted average sale price. The lowest price at which shares were sold was $299.24 and the highest price at which shares were sold was $300.18. 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 (17) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F3

Represents the weighted average sale price. The lowest price at which shares were sold was $300.24 and the highest price at which shares were sold was $301.23.

Referenced by the price of 1 transaction in Table I.

F4

Represents the weighted average sale price. The lowest price at which shares were sold was $301.24 and the highest price at which shares were sold was $302.20.

Referenced by the price of 1 transaction in Table I.

F5

Represents the weighted average sale price. The lowest price at which shares were sold was $302.24 and the highest price at which shares were sold was $303.23.

Referenced by the price of 1 transaction in Table I.

F6

Represents the weighted average sale price. The lowest price at which shares were sold was $303.40 and the highest price at which shares were sold was $304.31.

Referenced by the price of 1 transaction in Table I.

F7

Represents the weighted average sale price. The lowest price at which shares were sold was $304.54 and the highest price at which shares were sold was $305.46.

Referenced by the price of 1 transaction in Table I.

F8

Represents the weighted average sale price. The lowest price at which shares were sold was $305.63 and the highest price at which shares were sold was $306.02.

Referenced by the price of 1 transaction in Table I.

F9

Represents the weighted average sale price. The lowest price at which shares were sold was $299.26 and the highest price at which shares were sold was $300.25.

Referenced by the price of 1 transaction in Table I.

F11

Represents the weighted average sale price. The lowest price at which shares were sold was $300.26 and the highest price at which shares were sold was $301.25.

Referenced by the price of 1 transaction in Table I.

F12

Represents the weighted average sale price. The lowest price at which shares were sold was $301.255 and the highest price at which shares were sold was $302.245.

Referenced by the price of 1 transaction in Table I.

F13

Represents the weighted average sale price. The lowest price at which shares were sold was $302.27 and the highest price at which shares were sold was $303.22.

Referenced by the price of 1 transaction in Table I.

F14

Represents the weighted average sale price. The lowest price at which shares were sold was $303.28 and the highest price at which shares were sold was $304.09.

Referenced by the price of 1 transaction in Table I.

F15

Represents the weighted average sale price. The lowest price at which shares were sold was $304.34 and the highest price at which shares were sold was $305.305.

Referenced by the price of 1 transaction in Table I.

F16

Represents the weighted average sale price. The lowest price at which shares were sold was $305.36 and the highest price at which shares were sold was $306.03.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)