Kelly Ducourty - 16 Jun 2022 Form 4 Insider Report for Fortinet, Inc. (FTNT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Jun 2022, 16:27:44 UTC
Prior SEC filing
01 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Turner, by power of attorney

Key filing fact

Kelly Ducourty filed Form 4 for Fortinet, Inc. (FTNT) on 17 Jun 2022.

Key facts

  • This page summarizes Kelly Ducourty's Form 4 filing for Fortinet, Inc. (FTNT).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Jun 2022, 16:27.

Change

  • Previous filing in this sequence was filed on 01 Apr 2022.
  • 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FTNT transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+244
Change %
+12%
Price
$0.000000
Shares after
2,319
Date
16 Jun 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

FTNT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-244
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
244
Exercise price
$0.000000
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 12, 2021.

Footnote F2

Each RSU represents a contingent right to receive one share of the Issuer's common stock.

Footnote F3

The RSUs will vest in substantially equal increments on each of September 30, 2021, December 31, 2021, March 31, 2022, and the earlier of (i) June 30, 2022 and (ii) the date immediately preceding the Issuer's 2022 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 F4

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

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