Michael Xie - 24 Aug 2021 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Signature
/s/ Robert Turner, by power of attorney
Issuer symbol
FTNT
Transactions as of
24 Aug 2021
Net transactions value
-$24,101,481
Form type
4
Filing time
25 Aug 2021, 16:43:51 UTC
Previous filing
03 Aug 2021
Next filing
03 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTNT Common Stock Sale $3,467,595 -11,574 -0.19% $299.60 5,978,451 24 Aug 2021 Direct F1, F2
transaction FTNT Common Stock Sale $4,001,063 -13,302 -0.22% $300.79 5,965,149 24 Aug 2021 Direct F1, F3
transaction FTNT Common Stock Sale $1,830,852 -6,071 -0.1% $301.57 5,959,078 24 Aug 2021 Direct F1, F4
transaction FTNT Common Stock Sale $1,459,264 -4,823 -0.08% $302.56 5,954,255 24 Aug 2021 Direct F1, F5
transaction FTNT Common Stock Sale $304,009 -1,000 -0.02% $304.01 5,953,255 24 Aug 2021 Direct F1, F6
transaction FTNT Common Stock Sale $466,560 -1,530 -0.03% $304.94 5,951,725 24 Aug 2021 Direct F1, F7
transaction FTNT Common Stock Sale $275,203 -900 -0.02% $305.78 5,950,825 24 Aug 2021 Direct F1, F8
transaction FTNT Common Stock Sale $246,400 -800 -0.01% $308.00 5,950,025 24 Aug 2021 Direct F1
transaction FTNT Common Stock Sale $2,021,445 -6,745 -0.2% $299.70 3,441,469 24 Aug 2021 See Footnote F1, F9, F10
transaction FTNT Common Stock Sale $5,338,696 -17,748 -0.52% $300.81 3,423,721 24 Aug 2021 See Footnote F1, F10, F11
transaction FTNT Common Stock Sale $2,540,478 -8,423 -0.25% $301.61 3,415,298 24 Aug 2021 See Footnote F1, F10, F12
transaction FTNT Common Stock Sale $1,348,964 -4,458 -0.13% $302.59 3,410,840 24 Aug 2021 See Footnote F1, F10, F13
transaction FTNT Common Stock Sale $155,202 -511 -0.01% $303.72 3,410,329 24 Aug 2021 See Footnote F1, F10, F14
transaction FTNT Common Stock Sale $332,237 -1,090 -0.03% $304.80 3,410,239 24 Aug 2021 See Footnote F1, F10, F15
transaction FTNT Common Stock Sale $282,713 -925 -0.03% $305.64 3,408,314 24 Aug 2021 See Footnote F1, F10, F16
transaction FTNT Common Stock Sale $30,800 -100 -0% $308.00 3,408,214 24 Aug 2021 See Footnote F1, F10
holding FTNT Common Stock 1,991,686 24 Aug 2021 See Footnote F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $299.24 and the highest price at which shares were sold was $300.18. 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) through (17) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $300.24 and the highest price at which shares were sold was $301.23.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $301.24 and the highest price at which shares were sold was $302.20.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $302.24 and the highest price at which shares were sold was $303.23.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $303.40 and the highest price at which shares were sold was $304.31.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $304.54 and the highest price at which shares were sold was $305.46.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $305.63 and the highest price at which shares were sold was $306.02.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $299.26 and the highest price at which shares were sold was $300.25.
F10 Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $300.26 and the highest price at which shares were sold was $301.25.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $301.255 and the highest price at which shares were sold was $302.245.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $302.27 and the highest price at which shares were sold was $303.22.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $303.28 and the highest price at which shares were sold was $304.09.
F15 Represents the weighted average sale price. The lowest price at which shares were sold was $304.34 and the highest price at which shares were sold was $305.305.
F16 Represents the weighted average sale price. The lowest price at which shares were sold was $305.36 and the highest price at which shares were sold was $306.03.
F17 Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.