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Fortinet, Inc. Director's Dealing 2010

Aug 31, 2010

29957_dirs_2010-08-31_31678961-e7e3-46a6-a637-f3f534a04edb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2010-08-27

Reporting Person: Whittle John (VP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-27 Common Stock M 38750 $2.40 Acquired 38750 Direct
2010-08-27 Common Stock S 38750 $20.00 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-08-27 Employee Stock Option (right to buy) $2.40 M 38750 Disposed 2016-10-26 Common Stock (38750) Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2009, as amended.

F2: One-fourth of the shares subject to the option vested on October 25, 2007 and one forty-eighth of the shares shall vest monthly thereafter.