Home/Filings/4/0001209191-21-000541
4//SEC Filing

Ducourty Kelly 4

Accession 0001209191-21-000541

CIK 0001262039other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 7:37 PM ET

Size

7.6 KB

Accession

0001209191-21-000541

Insider Transaction Report

Form 4
Period: 2020-12-31
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2020-12-31448896 total
    Exercise: $0.00Common Stock (448 underlying)
  • Exercise/Conversion

    Common Stock

    2020-12-31+4481,317 total
Footnotes (4)
  • [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2020.
  • [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  • [F3]The RSUs will vest in substantially equal increments on each of September 30, 2020, December 31, 2020, March 31, 2021, and the earlier of (i) June 30, 2021 and (ii) the date immediately preceding the Issuer's 2021 annual meeting of shareholders, 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.

Issuer

Fortinet, Inc.

CIK 0001262039

Entity typeother

Related Parties

1
  • filerCIK 0001804992

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 7:37 PM ET
Size
7.6 KB