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Perche Patrice's Form 4 filing

Fortinet, Inc. (FTNT) · filed Dec 22, 2023

Accession no.
0001209191-23-059552
Filed
Dec 22, 2023
Trade date
Dec 21, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $438.7K. 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
Perche PatriceCIK 0001924858Officer (Chief Revenue Off./EVP Supp.)

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
Dec 21, 2023Common StockMOption exerciseAcquired+3,810$22.90+$87,24929,540Direct
Dec 21, 2023Common StockMOption exerciseAcquired+3,725$34.39+$128,102.7533,265Direct
Dec 21, 2023Common StockSSaleDisposed−7,535$58.22F2−$438,687.725,730Direct

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
Dec 21, 2023Common StockMOption exerciseDisposed−3,810$0.00$07,615Direct
Dec 21, 2023Common StockMOption exerciseDisposed−3,725$0.00$052,160Direct

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 $57.74 and the highest price at which shares were sold was $58.66. 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 range set forth herein.

Referenced by the price of 1 transaction in Table I.

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