Ducourty Kelly 4
4 · Fortinet, Inc. · Filed Jun 19, 2020
Insider Transaction Report
Form 4
Fortinet, Inc.FTNT
Ducourty Kelly
Director
Transactions
- Exercise/Conversion
Common Stock
2020-06-18+421→ 421 total - Exercise/Conversion
Restricted Stock Units
2020-06-18−421→ 0 totalExercise: $0.00→ Common Stock (421 underlying)
Footnotes (3)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on May 20, 2020.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The RSUs will vest as to 100% of the underlying shares on the earlier of (i) June 30, 2020 and (ii) the date immediately preceding the Issuer's 2020 annual meeting of shareholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.