Form 4 for FTNT Fortinet
Accepted 2021-08-03 00:00:00 ET · period of report 2021-08-01 · accession 0001209191-21-049493 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-03 | 2021-08-01+ | FTNT | Whittle John | GC, VP Corp Dev, Strat Alliance | M - OptEx | $55.28 | +9,525 | 1,795 | New | +$526.6K |
| DM | 2021-08-03 | 2021-08-03 | FTNT | Whittle John | GC, VP Corp Dev, Strat Alliance | S - Sale+OE | $291.81 | -8,388 | 1,711 | -83% | -$2.45M |
| D | 2021-08-03 | 2021-08-01 | FTNT | Whittle John | GC, VP Corp Dev, Strat Alliance | F - Tax | $272.24 | -1,137 | 1,154 | -50% | -$309.5K |
| DM | 2021-08-03 | 2021-08-01+ | FTNT | Whittle John | GC, VP Corp Dev, Strat Alliance | M - OptEx | $0.00 | -9,525 | 2,189 | -81% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-01 | M | A | 1,095 | $0.00 | 1,095 | D | — | — | |
| 2 | Common | Common Stock | 2021-08-03 | S | D | 1,711 | $297.42 | 0 | D | — | — | (F14) Represents the weighted average sale price. The lowest price at which shares were sold was $296.89 and the highest price at which shares were sold was $297.75. |
| 3 | Common | Common Stock | 2021-08-03 | S | D | 700 | $288.87 | 5,134 | D | — | — | (F7) Represents the weighted average sale price. The lowest price at which shares were sold was $288.56 and the highest price at which shares were sold was $289.32. |
| 4 | Common | Common Stock | 2021-08-03 | S | D | 426 | $290.06 | 4,708 | D | — | — | (F8) Represents the weighted average sale price. The lowest price at which shares were sold was $289.65 and the highest price at which shares were sold was $290.64. |
| 5 | Common | Common Stock | 2021-08-03 | S | D | 200 | $291.00 | 4,508 | D | — | — | (F9) Represents the weighted average sale price. The lowest price at which shares were sold was $290.85 and the highest price at which shares were sold was $291.15. |
| 6 | Common | Common Stock | 2021-08-03 | S | D | 400 | $292.29 | 4,108 | D | — | — | (F10) Represents the weighted average sale price. The lowest price at which shares were sold was $291.98 and the highest price at which shares were sold was $292.73. |
| 7 | Common | Common Stock | 2021-08-01 | M | A | 496 | $0.00 | 2,291 | D | — | — | |
| 8 | Common | Common Stock | 2021-08-01 | F | D | 1,137 | $272.24 | 1,154 | D | — | — | |
| 9 | Common | Common Stock | 2021-08-03 | M | A | 3,647 | $49.06 | 4,801 | D | — | — | |
| 10 | Common | Common Stock | 2021-08-03 | M | A | 2,100 | $84.49 | 6,901 | D | — | — | |
| 11 | Common | Common Stock | 2021-08-03 | M | A | 1,487 | $114.48 | 8,388 | D | — | — | |
| 12 | Common | Common Stock | 2021-08-03 | S | D | 1,454 | $285.19 | 6,934 | D | — | — | (F4) Represents the weighted average sale price. The lowest price at which shares were sold was $285.00 and the highest price at which shares were sold was $285.91. The reporting person undertakes to provide upon request to the staff of the Securities Exchange Commission, the issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (4) through (14) to this Form 4. |
| 13 | Common | Common Stock | 2021-08-03 | S | D | 400 | $286.62 | 6,534 | D | — | — | (F5) Represents the weighted average sale price. The lowest price at which shares were sold was $286.32 and the highest price at which shares were sold was $287.31. |
| 14 | Common | Common Stock | 2021-08-03 | S | D | 700 | $287.98 | 5,834 | D | — | — | (F6) Represents the weighted average sale price. The lowest price at which shares were sold was $287.51 and the highest price at which shares were sold was $288.49. |
| 15 | Common | Common Stock | 2021-08-03 | S | D | 697 | $293.55 | 3,411 | D | — | — | (F11) Represents the weighted average sale price. The lowest price at which shares were sold was $293.15 and the highest price at which shares were sold was $294.06. |
| 16 | Common | Common Stock | 2021-08-03 | S | D | 1,100 | $295.18 | 2,311 | D | — | — | (F12) Represents the weighted average sale price. The lowest price at which shares were sold was $294.70 and the highest price at which shares were sold was $295.45. |
| 17 | Common | Common Stock | 2021-08-03 | S | D | 600 | $296.22 | 1,711 | D | — | — | (F13) Represents the weighted average sale price. The lowest price at which shares were sold was $295.70 and the highest price at which shares were sold was $296.42. |
| 18 | Common | Common Stock | 2021-08-01 | M | A | 700 | $0.00 | 1,795 | D | — | — | |
| 19 | Derivative | Restricted Stock Units | 2021-08-01 | M | D | 496 | $0.00 | 4,958 | D | $0.00 · — to — | 496 Common Stock | (F15) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F19) 25% of the RSUs vested on February 1, 2021, 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 vesting. (F17) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 20 | Derivative | Restricted Stock Units | 2021-08-01 | M | D | 700 | $0.00 | 4,200 | D | $0.00 · — to — | 700 Common Stock | (F15) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F18) 25% of the RSUs vested on February 1, 2020, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter until the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. (F17) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 21 | Derivative | Stock Option (right to buy) | 2021-08-03 | M | D | 3,647 | $0.00 | 29,175 | D | $49.06 · — to 2025-02-20 | 3,647 Common Stock | (F20) 1/4 of the shares subject to the option vested on February 20, 2019 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. |
| 22 | Derivative | Stock Option (right to buy) | 2021-08-03 | M | D | 2,100 | $0.00 | 13,298 | D | $84.49 · — to 2026-02-21 | 2,100 Common Stock | (F21) 1/4 of the shares subject to the option vested on February 21, 2020 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. |
| 23 | Derivative | Stock Option (right to buy) | 2021-08-03 | M | D | 1,487 | $0.00 | 15,369 | D | $114.48 · — to 2027-02-21 | 1,487 Common Stock | (F22) 1/4 of the shares subject to the option will vest 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. |
| 24 | Derivative | Restricted Stock Units | 2021-08-01 | M | D | 1,095 | $0.00 | 2,189 | D | $0.00 · — to — | 1,095 Common Stock | (F15) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F16) 25% of the RSUs vested on February 1, 2019, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter until the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. (F17) RSUs do not expire; they either vest or are canceled prior to vesting date. |