Judith Sim - 17 Aug 2023 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Reporting relationship: Director
Issuer ticker: FTNT
Reported as of: 17 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 18 Aug 2023, 17:02:28 UTC
Prior SEC filing: 20 Jun 2023
Next SEC filing: 02 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Robert Turner, by power of attorney

Filing notes and source

Key filing fact

Judith Sim filed Form 4 for Fortinet, Inc. (FTNT) on 18 Aug 2023.

Key facts

This page summarizes Judith Sim's Form 4 filing for Fortinet, Inc. (FTNT).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 18 Aug 2023, 17:02.

Change

Previous filing in this sequence was filed on 20 Jun 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FTNT transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +3,307
Change %
Price: $0.000000
Shares after: 3,307
Date: 17 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,307
Exercise price: $0.000000
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

Footnote F2

The RSUs will vest in substantially equal increments on each of September 30, 2023, December 31, 2023, March 31, 2024, and the earlier of (i) June 30, 2024 and (ii) the date immediately preceding the Issuer's 2024 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.

Footnote F3

RSUs do not expire; they either vest or are canceled prior to vesting date.