Judith Sim - 12 Jun 2025 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Role
Director
Signature
/s/ Robert Turner, by power of attorney
Issuer symbol
FTNT
Transactions as of
12 Jun 2025
Net transactions value
$0
Form type
4
Filing time
13 Jun 2025, 16:31:33 UTC
Previous filing
10 Jun 2025
Next filing
21 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sim Judith Director C/O FORTINET, INC., 909 KIFER ROAD, SUNNYVALE /s/ Robert Turner, by power of attorney 13 Jun 2025 0001646293

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTNT Common Stock Options Exercise $0 +1,130 +0.9% $0.000000 126,945 12 Jun 2025 Direct F1

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 Options Exercise $0 -1,130 -100% $0.000000 0 12 Jun 2025 Common Stock 1,130 $0.000000 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2024.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F3 The RSUs will vest in substantially equal increments on each of September 30, 2024, December 31, 2024, March 31, 2025, and the earlier of (i) June 30, 2025 and (ii) the date immediately preceding the Issuer's 2025 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
F4 RSUs do not expire; they either vest or are canceled prior to vest date.