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Fortinet | 4: Statement of changes in beneficial ownership of securities-Officer Xie Ken

SEC announcement ·  Mar 14 08:10
Summary by Futu AI
Fortinet, Inc. President & CEO, Xie Ken, engaged in multiple transactions involving the company's common stock over the course of March 12 and 13, 2024. The transactions are currently in progress. On March 12, Xie exercised options to acquire 41,666 shares at a price of $9.812 each and on March 13, an additional 41,667 shares at the same price, totaling 83,333 shares acquired. Concurrently, Xie sold 23,094 shares at $71.3867 and 600 shares at $71.8133 on March 12, followed by 18,783 shares at $70.6455 and 4,916 shares at $71.1532 on March 13, totaling 47,393 shares sold. The total market value of the disposed shares amounted to approximately $3,368,416. After these transactions, Xie Ken holds 48,642,973 shares of Fortinet directly. Additionally, there are 15,000,000 shares held indirectly through trusts.
Fortinet, Inc. President & CEO, Xie Ken, engaged in multiple transactions involving the company's common stock over the course of March 12 and 13, 2024. The transactions are currently in progress. On March 12, Xie exercised options to acquire 41,666 shares at a price of $9.812 each and on March 13, an additional 41,667 shares at the same price, totaling 83,333 shares acquired. Concurrently, Xie sold 23,094 shares at $71.3867 and 600 shares at $71.8133 on March 12, followed by 18,783 shares at $70.6455 and 4,916 shares at $71.1532 on March 13, totaling 47,393 shares sold. The total market value of the disposed shares amounted to approximately $3,368,416. After these transactions, Xie Ken holds 48,642,973 shares of Fortinet directly. Additionally, there are 15,000,000 shares held indirectly through trusts.

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