Form 4 for FTNT Fortinet
Accepted 2023-02-24 00:00:00 ET · period of report 2023-02-23 · accession 0001209191-23-012873 · 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 | 2023-02-24 | 2023-02-23 | FTNT | Jensen Keith | CFO, CAO | M - OptEx | $24.15 | +78.9K | 102.9K | +328% | +$1.91M |
| DM | 2023-02-24 | 2023-02-23 | FTNT | Jensen Keith | CFO, CAO | S - Sale+OE | $60.18 | -98.4K | 4,569 | -96% | -$5.92M |
| DM | 2023-02-24 | 2023-02-23 | FTNT | Jensen Keith | CFO, CAO | M - OptEx | $0.00 | -78.9K | 50.9K | -61% | $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 | 2023-02-23 | M | A | 29,465 | $16.90 | 53,513 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-23 | M | A | 25,465 | $22.90 | 78,978 | D | — | — | |
| 3 | Common | Common Stock | 2023-02-23 | M | A | 23,965 | $34.39 | 102,943 | D | — | — | |
| 4 | Common | Common Stock | 2023-02-23 | S | D | 55,985 | $59.90 | 46,958 | D | — | — | (F2) Represents the weighted average sale price. The lowest price at which shares were sold was $59.902 and the highest price at which shares were sold was $60.36. 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 range set forth in footnotes (1) and (2) to this Form 4. |
| 5 | Common | Common Stock | 2023-02-23 | S | D | 42,389 | $60.55 | 4,569 | D | — | — | (F3) Represents the weighted average sale price. The lowest price at which shares were sold was $60.37 and the highest price at which shares were sold was $60.78. |
| 6 | Derivative | Stock Option (right to buy) | 2023-02-23 | M | D | 29,465 | $0.00 | 0 | D | $16.90 · — to 2026-02-21 | 29,465 Common Stock | (F4) 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. |
| 7 | Derivative | Stock Option (right to buy) | 2023-02-23 | M | D | 23,965 | $0.00 | 95,860 | D | $34.39 · — to 2028-02-19 | 23,965 Common Stock | (F6) 1/4 of the shares subject to the option vested on February 19, 2022, 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. |
| 8 | Derivative | Stock Option (right to buy) | 2023-02-23 | M | D | 25,465 | $0.00 | 50,925 | D | $22.90 · — to 2027-02-21 | 25,465 Common Stock | (F5) 1/4 of the shares subject to the option vested 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. |