Form 4 for FTNT Fortinet
Accepted 2023-08-24 00:00:00 ET · period of report 2023-08-23 · accession 0001209191-23-047204 · 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 | 2023-08-24 | 2023-08-23 | FTNT | Jensen Keith | CFO, CAO | S - Sale+OE | $58.99 | -24.7K | 9,092 | -73% | -$1.46M |
| DM | 2023-08-24 | 2023-08-23 | FTNT | Jensen Keith | CFO, CAO | M - OptEx | $28.47 | +24.7K | 17.3K | New | +$703.7K |
| DM | 2023-08-24 | 2023-08-23 | FTNT | Jensen Keith | CFO, CAO | M - OptEx | $0.00 | -24.7K | 25.5K | -49% | $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 | 2023-08-23 | S | D | 7,324 | $59.30 | 4,583 | D | — | — | (F3) Represents the weighted average sale price. The lowest price at which shares were sold was $59.22 and the highest price at which shares were sold was $59.48. |
| 2 | Common | Common Stock | 2023-08-23 | M | A | 11,985 | $34.39 | 29,293 | D | — | — | |
| 3 | Common | Common Stock | 2023-08-23 | M | A | 12,730 | $22.90 | 17,308 | D | — | — | |
| 4 | Common | Common Stock | 2023-08-23 | S | D | 17,391 | $58.86 | 9,092 | D | — | — | (F2) Represents the weighted average sale price. The lowest price at which shares were sold was $58.22 and the highest price at which shares were sold was $59.21. 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 (2) and (3) to this Form 4. |
| 5 | Derivative | Stock Option (right to buy) | 2023-08-23 | M | D | 11,985 | $0.00 | 71,895 | D | $34.39 · — to 2028-02-19 | 11,985 Common Stock | (F5) 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. |
| 6 | Derivative | Stock Option (right to buy) | 2023-08-23 | M | D | 12,730 | $0.00 | 25,465 | D | $22.90 · — to 2027-02-21 | 12,730 Common Stock | (F4) 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. |