FORTINET, INC. (NASDAQ:FTNT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
FORTINET, INC. (NASDAQ:FTNT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 30, 2017, Fortinet, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Form 8-K”) disclosing that, on May 24, 2017, the Board of Directors (the “Board”) of the Company increased the size of the Board from eight to nine directors and filled the newly created vacancy on the Board by appointing Peter D. Cohen to join the Board as a Class I director whose term will expire at the Company’s 2019 annual meeting of stockholders, with such increase and appointment being effective as of July 14, 2017.
This Amendment No. 1 to the Form 8-K is being filed to clarify that, with respect to the grant of restricted stock units (“RSUs”) to Mr. Cohen, the number of RSUs and the vesting applicable to such RSUs will be as determined by the Board in its discretion.
About FORTINET, INC. (NASDAQ:FTNT)
Fortinet, Inc. provides cyber security solutions to enterprises, service providers and government organizations across the world. The Company’s flagship network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company’s product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. The Company’s cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products. FORTINET, INC. (NASDAQ:FTNT) Recent Trading Information
FORTINET, INC. (NASDAQ:FTNT) closed its last trading session up +0.19 at 39.34 with 2,064,664 shares trading hands.
Fortinet, Inc. provides cyber security solutions to enterprises, service providers and government organizations across the world. The Company’s flagship network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company’s product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. The Company’s cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products. FORTINET, INC. (NASDAQ:FTNT) Recent Trading Information
FORTINET, INC. (NASDAQ:FTNT) closed its last trading session up +0.19 at 39.34 with 2,064,664 shares trading hands.