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Fortinet, Inc. Director's Dealing 2010

Sep 28, 2010

29957_dirs_2010-09-28_631db7be-11cc-4efa-b1f9-d671e5c41e56.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: 2010-09-27

Reporting Person: Whittle John (VP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-27 Common Stock M 3125 $2.40 Acquired 3125 Direct
2010-09-27 Common Stock S 3125 $23.919 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-27 Employee Stock Option (right to buy) $2.40 M 3125 Disposed 2016-10-26 Common Stock (3125) 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: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $23.73 to $23.96 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.

F3: 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.