Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FTNT | Restricted Stock Units | Award | $0 | +550 | $0.00 | 550 | May 16, 2024 | Common Stock | 550 | $0.00 | Direct | F1, F2, F3 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
F2 | The RSUs will vest on 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 through such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting. |
F3 | RSUs do not expire; they either vest or are canceled prior to the vesting date. |