Jensen Keith 4
4 · Fortinet, Inc. · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Fortinet, Inc.FTNT
Jensen Keith
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2025-02-21+18,202→ 18,202 totalExercise: $0.00→ Common Stock (18,202 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]25% of the RSUs will vest on February 1, 2026, and the remaining 75% of the RSUs will vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
- [F3]RSUs do not expire; they either vest or are canceled prior to the vesting date.