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Whittle John's Form 4 filing

Fortinet, Inc. (FTNT) · filed Feb 23, 2022

Accession no.
0001209191-22-012158
Filed
Feb 23, 2022
Trade date
Feb 22, 2022
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 14 non-derivative transactions and 4 derivative transactions. Open-market sales total $2.54M. 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
Whittle JohnCIK 0001476336Officer (VP Corp Dev&Strat Alliance,GC)

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
Feb 22, 2022Common StockMOption exerciseAcquired+1,216$49.06+$59,656.961,216Direct
Feb 22, 2022Common StockMOption exerciseAcquired+700$84.49+$59,1431,916Direct
Feb 22, 2022Common StockMOption exerciseAcquired+496$114.48+$56,782.082,412Direct
Feb 22, 2022Common StockMOption exerciseAcquired+6,102$171.93+$1,049,116.868,514Direct
Feb 22, 2022Common StockSSaleDisposed−500$293.73F2−$146,8658,014Direct
Feb 22, 2022Common StockSSaleDisposed−1,570$294.92F3−$463,024.46,444Direct
Feb 22, 2022Common StockSSaleDisposed−1,400$295.83F4−$414,1625,044Direct
Feb 22, 2022Common StockSSaleDisposed−1,260$297.01F5−$374,232.63,784Direct
Feb 22, 2022Common StockSSaleDisposed−400$298.21F6−$119,2843,384Direct
Feb 22, 2022Common StockSSaleDisposed−576$299.84F7−$172,707.842,808Direct
Feb 22, 2022Common StockSSaleDisposed−1,335$300.95F8−$401,768.251,473Direct
Feb 22, 2022Common StockSSaleDisposed−873$301.94F9−$263,593.62600Direct
Feb 22, 2022Common StockSSaleDisposed−300$302.98F10−$90,894300Direct
Feb 22, 2022Common StockSSaleDisposed−300$304.32F11−$91,2960Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 22, 2022Common StockMOption exerciseDisposed−1,216$0.00$020,665Direct
Feb 22, 2022Common StockMOption exerciseDisposed−700$0.00$08,399Direct
Feb 22, 2022Common StockMOption exerciseDisposed−496$0.00$011,898Direct
Feb 22, 2022Common StockMOption exerciseDisposed−6,102$0.00$018,309Direct

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 $293.40 and the highest price at which shares were sold was $294.07. 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 (11) 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 $294.42 and the highest price at which shares were sold was $295.36.

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 $295.44 and the highest price at which shares were sold was $296.43.

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 $296.56 and the highest price at which shares were sold was $297.42.

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 $298.01 and the highest price at which shares were sold was $298.56.

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 $299.44 and the highest price at which shares were sold was $300.30.

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 $300.47 and the highest price at which shares were sold was $301.37.

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 $301.47 and the highest price at which shares were sold was $302.30.

Referenced by the price of 1 transaction in Table I.

F10

Represents the weighted average sale price. The lowest price at which shares were sold was $302.65 and the highest price at which shares were sold was $303.20.

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 $304.14 and the highest price at which shares were sold was $304.67.

Referenced by the price of 1 transaction in Table I.

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