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Fortinet, Inc. Director's Dealing 2010

Oct 26, 2010

29957_dirs_2010-10-26_74c99b1f-78f2-49c7-bb6e-6126512fe7ea.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: 2010-10-25

Reporting Person: PAISLEY CHRISTOPHER B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-10-25 Common Stock M 20000 $0.95 Acquired 20000 Direct
2010-10-25 Common Stock S 20000 $30.00 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-10-25 Stock Option (right to buy) $0.95 M 20000 Disposed 2014-02-26 Common Stock (20000) 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 February 22, 2010.

F2: Shares subject to the option are fully vested and immediately exercisable.