CHEN PEHONG 4
4 · FORTINET INC · Filed Aug 9, 2012
Insider Transaction Report
Form 4
FORTINET INCFTNT
CHEN PEHONG
Director
Transactions
- Award
Restricted Stock Units
2012-08-08+5,000→ 5,000 totalExercise: $0.00→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]25% of the RSUs vest on August 8, 2013, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing service of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.