Form 4 for FTNT Fortinet
Accepted 2025-01-02 00:00:00 ET · period of report 2024-12-31 · accession 0001415889-25-000128 · 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 | 2025-01-02 | 2024-12-31 | FTNT | NEUKOM WILLIAM H. | Dir | M - OptEx | $0.00 | +1,130 | 299.7K | +0.4% | $0 |
| D | 2025-01-02 | 2024-12-31 | FTNT | NEUKOM WILLIAM H. | Dir | M - OptEx | $0.00 | -1,130 | 2,260 | -33% | $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 | 2024-12-31 | M | A | 1,130 | $0.00 | 299,678 | D | — | — | (F2) Reflects the transfer of 148,303 shares of the Issuer's common stock from a grantor retained annuity trust for the benefit of the Reporting Person. |
| 2 | Derivative | Restricted Stock Units | 2024-12-31 | M | D | 1,130 | $0.00 | 2,260 | D | $0.00 · — to — | 1,130 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. (F4) The RSUs will vest in substantially equal increments on each of September 30, 2024, December 31, 2024, March 31, 2025, and the earlier of (i) June 30, 2025 and (ii) the date immediately preceding the Issuer's 2025 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 |