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Fortinet, Inc. — Director's Dealing 2010
Jun 1, 2010
29957_dirs_2010-06-01_b12e2426-be7b-436c-84c6-916ccc5bc316.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: 2010-05-27
Reporting Person: Hara George (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-05-27 | Common Stock | J | 86621 | — | Disposed | 4560 | Indirect |
| 2010-05-27 | Common Stock | S | 4560 | $16.2071 | Disposed | 0 | Indirect |
| 2010-05-27 | Common Stock | J | 45590 | — | Acquired | 45590 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 866668 | Indirect |
| Common Stock | 533333 | Indirect |
| Common Stock | 336000 | Indirect |
| Common Stock | 213334 | Indirect |
Footnotes
F1: Pro rata distribution of the Common Stock of the Issuer by Defta Archipelago, LLC ("DA") without consideration to its members.
F2: Shares held directly by DA. The Reporting Person is a director of Defta, Inc., the manager of DA, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DA. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
F3: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $16.20 to $16.215 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: Shares held directly by Technology Advisory Group, LLC ("TAG"). The Reporting Person is the director of TAG and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by TAG. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
F5: Shares held directly by Defta Alliance Fund II, L.P. ("DAF"). The Reporting Person is a managing member of Coba Management, LLC ("Coba Mgmt"), the general partner of DAF, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DAF. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
F6: Shares held directly by Coba Mgmt. The Reporting Person is a managing member of Coba Mgmt and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by Coba Mgmt. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
F7: Shares held directly by Defta Fortinet Holdings, LP ("DFH"). The Reporting Person is a managing member of Coba Mgmt, the general partner of DFH, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DFH. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
F8: Shares held directly by Defta Ubiquitous Technologies, LP ("DUT"). The Reporting Person is a managing member of Coba International, the general partner of DUT, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DUT. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.