4//SEC Filing
NEUKOM WILLIAM H. 4
Accession 0001415889-25-000128
CIK 0001262039other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 4:45 PM ET
Size
7.9 KB
Accession
0001415889-25-000128
Insider Transaction Report
Form 4
Fortinet, Inc.FTNT
NEUKOM WILLIAM H.
Director
Transactions
- Exercise/Conversion
Common Stock
2024-12-31+1,130→ 299,678 total - Exercise/Conversion
Restricted Stock Units
2024-12-31−1,130→ 2,260 totalExercise: $0.00→ Common Stock (1,130 underlying)
Footnotes (5)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 20, 2024.
- [F2]Reflects the transfer of 148,303 shares of the Issuer's common stock from a grantor retained annuity trust for the benefit of the Reporting Person.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
- [F4]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.
- [F5]RSUs do not expire; they either vest or are canceled prior to vest date
Documents
Issuer
Fortinet, Inc.
CIK 0001262039
Entity typeother
Related Parties
1- filerCIK 0001567713
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 4:45 PM ET
- Size
- 7.9 KB