Form 4 for FTNT Fortinet
Accepted 2022-05-03 00:00:00 ET · period of report 2022-05-01 · accession 0001209191-22-026771 · 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 | 2022-05-03 | 2022-05-01 | FTNT | Jensen Keith | CFO, CAO | M - OptEx | $0.00 | +2,629 | 1,865 | New | $0 |
| D | 2022-05-03 | 2022-05-01 | FTNT | Jensen Keith | CFO, CAO | F - Tax | $289.01 | -1,305 | 2,207 | -37% | -$377.2K |
| DM | 2022-05-03 | 2022-05-01 | FTNT | Jensen Keith | CFO, CAO | M - OptEx | $0.00 | -2,629 | 8,787 | -23% | $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 | 2022-05-01 | M | A | 799 | $0.00 | 3,512 | D | — | — | |
| 2 | Common | Common Stock | 2022-05-01 | F | D | 1,305 | $289.01 | 2,207 | D | — | — | |
| 3 | Common | Common Stock | 2022-05-01 | M | A | 848 | $0.00 | 2,713 | D | — | — | |
| 4 | Common | Common Stock | 2022-05-01 | M | A | 982 | $0.00 | 1,865 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2022-05-01 | M | D | 848 | $0.00 | 5,942 | D | $0.00 · — to — | 848 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F6) 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. (F5) RSUs do not expire; they either vest or are canceled prior to the vesting date. |
| 6 | Derivative | Restricted Stock Units | 2022-05-01 | M | D | 982 | $0.00 | 2,946 | D | $0.00 · — to — | 982 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F4) 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. (F5) RSUs do not expire; they either vest or are canceled prior to the vesting date. |
| 7 | Derivative | Restricted Stock Units | 2022-05-01 | M | D | 799 | $0.00 | 8,787 | D | $0.00 · — to — | 799 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F7) 25% of the RSUs vested on February 1, 2022, 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. (F5) RSUs do not expire; they either vest or are canceled prior to the vesting date. |