Sim Judith 4
4 · Fortinet, Inc. · Filed Oct 2, 2024
Insider Transaction Report
Form 4
Fortinet, Inc.FTNT
Sim Judith
Director
Transactions
- Exercise/Conversion
Common Stock
2024-09-30+1,129→ 123,555 total - Exercise/Conversion
Restricted Stock Units
2024-09-30−1,129→ 3,390 totalExercise: $0.00→ Common Stock (1,129 underlying)
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2024.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- [F3]The RSUs will vest in substantially equal increments on each of September 30, 2024, December 31, 2024, March 31, 2025, and the earlier of (i) June 30, 2025 and (ii) the date immediately preceding the Issuer's 2025 annual meeting of stockholders, 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