Form 4 for FTNT Fortinet
Accepted 2021-11-03 00:00:00 ET · period of report 2021-11-01 · accession 0001209191-21-062780 · 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 | 2021-11-03 | 2021-11-01 | FTNT | Xie Michael | VP, CTO, Engineering, Dir | M - OptEx | $0.00 | +4,145 | 5.95M | +0.1% | $0 |
| D | 2021-11-03 | 2021-11-01 | FTNT | Xie Michael | VP, CTO, Engineering, Dir | F - Tax | $324.11 | -2,057 | 5.95M | -0.0% | -$666.7K |
| DM | 2021-11-03 | 2021-11-02 | FTNT | Xie Michael | VP, CTO, Engineering, Dir | S - Sale+OE | $327.80 | -2,088 | 5.95M | -0.0% | -$684.4K |
| DM | 2021-11-03 | 2020-11-01+ | FTNT | Xie Michael | VP, CTO, Engineering, Dir | M - OptEx | $0.00 | -4,145 | 1,775 | -70% | $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 | 2021-11-01 | M | A | 1,775 | $0.00 | 5,951,800 | D | — | — | |
| 2 | Common | Common Stock | 2021-11-01 | M | A | 1,352 | $0.00 | 5,953,152 | D | — | — | |
| 3 | Common | Common Stock | 2021-11-01 | M | A | 1,018 | $0.00 | 5,954,170 | D | — | — | |
| 4 | Common | Common Stock | 2021-11-01 | F | D | 2,057 | $324.11 | 5,952,113 | D | — | — | |
| 5 | Common | Common Stock | 2021-11-02 | S | D | 200 | $330.72 | 5,950,025 | D | — | — | (F8) Represents the weighted average sale price. The lowest price at which shares were sold was $330.56 and the highest price at which shares were sold was $330.88. |
| 6 | Common | Common Stock | 2021-11-02 | S | D | 500 | $326.93 | 5,951,276 | D | — | — | (F5) Represents the weighted average sale price. The lowest price at which shares were sold was $326.928 and the highest price at which shares were sold was $326.56. |
| 7 | Common | Common Stock | 2021-11-02 | S | D | 851 | $327.99 | 5,950,425 | D | — | — | (F6) Represents the weighted average sale price. The lowest price at which shares were sold was $327.56 and the highest price at which shares were sold was $328.45. |
| 8 | Common | Common Stock | 2021-11-02 | S | D | 200 | $329.43 | 5,950,225 | D | — | — | (F7) Represents the weighted average sale price. The lowest price at which shares were sold was $329.06 and the highest price at which shares were sold was $329.80. |
| 9 | Common | Common Stock | 2021-11-02 | S | D | 337 | $325.92 | 5,951,776 | D | — | — | (F4) Represents the weighted average sale price. The lowest price at which shares were sold was $325.54 and the highest price at which shares were sold was $326.34. The Reporting Person undertakes to provide upon request to the staff of the Securities and 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), (5), (6), (7) and (8) to this Form 4. |
| 10 | Derivative | Restricted Stock Units | 2020-11-01 | M | D | 1,352 | $0.00 | 6,756 | D | $0.00 · — to — | 1,352 Common Stock | (F11) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F14) 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. (F13) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 11 | Derivative | Restricted Stock Units | 2021-11-01 | M | D | 1,018 | $0.00 | 9,166 | D | $0.00 · — to — | 1,018 Common Stock | (F11) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F15) 25% of the RSUs vested on February 1, 2021, 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. (F13) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 12 | Derivative | Restricted Stock Units | 2020-11-01 | M | D | 1,775 | $0.00 | 1,775 | D | $0.00 · — to — | 1,775 Common Stock | (F11) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F12) 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. (F13) RSUs do not expire; they either vest or are canceled prior to vesting date. |