Fortinet, Inc. — Director's Dealing 2010

Jun 29, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2010-06-28

Reporting Person: GOLDMAN KENNETH A (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-28	Common Stock	M	2083	$7.47	Acquired	2083	Indirect
2010-06-28	Common Stock	S	2083	$17.487	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-28	Employee Stock Option (right to buy)	$7.47	M	2083	Disposed	2016-01-28	Common Stock (2083)	Indirect

Footnotes

F1: The securities are held directly by G.V. Partners, L.P. for which the Reporting Person serves as the managing member.

F2: 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.

F3: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $17.38 to $17.59 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

F4: One-fourth of the shares subject to the option vested on January 28, 2010 and one forty-eighth of the shares shall vest monthly thereafter.