Perche Patrice 4
4 · Fortinet, Inc. · Filed Nov 22, 2023
Insider Transaction Report
Form 4
Fortinet, Inc.FTNT
Perche Patrice
Chief Revenue Off./EVP Supp.
Transactions
- Exercise/Conversion
Common Stock
2023-11-21$22.90/sh+3,805$87,135→ 29,535 total - Exercise/Conversion
Common Stock
2023-11-21$34.39/sh+3,730$128,275→ 33,265 total - Sale
Common Stock
2023-11-21$51.77/sh−7,535$390,087→ 25,730 total - Exercise/Conversion
Stock Option (right to buy)
2023-11-21−3,805→ 11,425 totalExercise: $22.90Exp: 2027-02-21→ Common Stock (3,805 underlying) - Exercise/Conversion
Stock Option (right to buy)
2023-11-21−3,730→ 55,885 totalExercise: $34.39Exp: 2028-02-19→ Common Stock (3,730 underlying)
Footnotes (3)
- [F1]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2022 and modified on December 6, 2022.
- [F2]1/4 of the shares subject to the option vested on February 21, 2021 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
- [F3]1/4 of the shares subject to the option vested on February 19, 2022, and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.