FORTINET INC 4
4 · FORTINET INC · Filed May 15, 2015
Insider Transaction Report
Form 4
FORTINET INCFTNT
LU HONG LIANG
Director
Transactions
- Exercise/Conversion
Common Stock
2015-05-13+331→ 5,755 total - Exercise/Conversion
Restricted Stock Units
2015-05-13−331→ 2,982 totalExercise: $0.00→ Common Stock (331 underlying)
Footnotes (3)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 13, 2013.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]25% of the RSUs vest on August 13, 2014, 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.