Form 4 for FTNT Fortinet
Accepted 2022-10-03 00:00:00 ET · period of report 2022-09-30 · accession 0001209191-22-051951 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-10-03 | 2022-09-30 | FTNT | Hu Jean X. | Dir | M - OptEx | $0.00 | +1,032 | 25.5K | +4% | $0 |
| D | 2022-10-03 | 2022-09-30 | FTNT | Hu Jean X. | Dir | M - OptEx | $0.00 | -1,032 | 3,099 | -25% | $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 | 2022-09-30 | M | A | 1,032 | $0.00 | 25,527 | D | — | — | (F2) The Reporting Person's holdings have been adjusted to reflect the 5-for-1 stock split of the Issuer's common stock that occurred on June 22, 2022. |
| 2 | Derivative | Restricted Stock Units | 2022-09-30 | M | D | 1,032 | $0.00 | 3,099 | D | $0.00 · — to — | 1,032 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F4) The RSUs will vest in substantially equal increments on each of September 30, 2022, December 31, 2022, March 31, 2023, and the earlier of (i) June 30, 2023 and (ii) the date immediately preceding the Issuer's 2023 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. |