Key facts
- This page summarizes Patrice Perche's Form 4 filing for Fortinet, Inc. (FTNT).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 22 Dec 2023, 16:04.
Patrice Perche - 21 Dec 2023 Form 4 Insider Report for Fortinet, Inc. (FTNT)
- Reporting relationship
- Chief Revenue Off./EVP Supp.
- Issuer ticker
- FTNT
- Reported as of
- 21 Dec 2023
- Net transaction value
- -$223,303
- SEC form
- 4
- Accepted by SEC
- 22 Dec 2023, 16:04:47 UTC
- Prior SEC filing
- 22 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert Turner, by power of attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Patrice Perche filed Form 4 for Fortinet, Inc. (FTNT) on 22 Dec 2023.
Change
- Previous filing in this sequence was filed on 22 Nov 2023.
- Current net transaction value: -$223,303.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $87,249
- Shares
- +3,810
- Change %
- +15%
- Price
- $22.90
- Shares after
- 29,540
- Date
- 21 Dec 2023
- Ownership
- Direct
FTNT
transaction
Common Stock
Options Exercise
- Transaction value
- $128,103
- Shares
- +3,725
- Change %
- +13%
- Price
- $34.39
- Shares after
- 33,265
- Date
- 21 Dec 2023
- Ownership
- Direct
FTNT
transaction
Common Stock
Sale
- Transaction value
- $438,655
- Shares
- -7,535
- Change %
- -23%
- Price
- $58.22
- Shares after
- 25,730
- Date
- 21 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FTNT
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -3,810
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 7,615
- Date
- 21 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,810
- Exercise price
- $22.90
- Footnotes
- F3
FTNT
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -3,725
- Change %
- -6.7%
- Price
- $0.000000
- Shares after
- 52,160
- Date
- 21 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,725
- Exercise price
- $34.39
- Footnotes
- 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
The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2022 and modified on December 6, 2022.
Footnote F2
Represents the weighted average sale price. The lowest price at which shares were sold was $57.74 and the highest price at which shares were sold was $58.66. 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 range set forth herein.
Footnote F3
1/4 of the shares subject to the option vested on February 21, 2021 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Footnote F4
1/4 of the shares subject to the option vested on February 19, 2022, and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date.