Jensen Keith's Form 4/A amendment
AmendedFortinet, Inc. (FTNT) · filed Jun 7, 2024
- Accession no.
- 0001415889-24-015951
- Filed
- Jun 7, 2024
- Trade date
- Jun 5, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jun 6, 2024
This filing lists 1 non-derivative transaction. It carries over 5 transactions from the original filing that it did not restate. Open-market sales total $4.62M. It was filed 2 days after the trade.
This amendment restates part of 0001415889-24-015816 (filed Jun 6, 2024). The transactions it did not restate still count and are listed below.
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.
| Owner | Relationship to the company |
|---|---|
| Jensen KeithCIK 0001418649 | Officer (Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 5, 2024 | Common Stock | SSaleDisposed | −39,049 | $59.22F2 | −$2,312,481.78 | 23,364 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001415889-24-015816 (filed Jun 6, 2024).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 5, 2024 | Common Stock | MOption exerciseAcquired | +12,735 | $22.90 | +$291,631.5 | 38,448 | Direct | |
| Jun 5, 2024 | Common Stock | MOption exerciseAcquired | +23,965 | $34.39 | +$824,156.35 | 62,413 | Direct | |
| Jun 5, 2024 | Common Stock | SSaleAcquired | +39,049 | $59.22F2 | +$2,312,481.78 | 23,364 | Direct |
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 5, 2024 | Common Stock | MOption exerciseDisposed | −12,735 | $0.00 | $0 | 0 | Direct | |
| Jun 5, 2024 | Common Stock | MOption exerciseDisposed | −23,965 | $0.00 | $0 | 35,950 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F2
Represents the weighted average sale price. The lowest price at which shares were sold was $58.52 and the highest price at which shares were sold was $59.51. 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.
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.
- F1
The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on March 6, 2024.
- F2
Represents the weighted average sale price. The lowest price at which shares were sold was $58.52 and the highest price at which shares were sold was $59.51. 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.
Remarks
This amendment to Form 4 filed on June 6, 2024 corrects an error in Column 4 of Table I of such Form 4 to reflect that the reported transaction is a disposition of 39,049 shares of the Issuer's Common Stock, rather than an acquisition.