Mary Agnes Wilderotter - 16 May 2024 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Role
Director
Signature
/s/ Robert Turner, by power of attorney
Issuer symbol
FTNT
Transactions as of
16 May 2024
Net transactions value
$0
Form type
4
Filing time
17 May 2024, 16:24:30 UTC
Previous filing
22 Apr 2024
Next filing
30 May 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FTNT Restricted Stock Units Award $0 +550 $0.000000 550 16 May 2024 Common Stock 550 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs will vest on the earlier of (i) June 30, 2024 and (ii) the date immediately preceding the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer through such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
F3 RSUs do not expire; they either vest or are canceled prior to the vesting date.