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Fortinet, Inc. Director's Dealing 2010

Jan 7, 2010

29957_dirs_2010-01-07_5e7e6970-f260-43f8-a55e-e3dd541d9e67.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: 2010-01-06

Reporting Person: Xie Michael (Director, VP, Engineering & CTO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-06 Common Stock M 200000 $2.15 Acquired 7450000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-01-06 Employee Stock Option (right to buy) $2.15 M 200000 Disposed 2010-01-11 Common Stock (200000) Direct

Footnotes

F1: Shares subject to the option are fully vested and immediately exercisable.