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Fortinet, Inc. Director's Dealing 2010

May 19, 2010

29957_dirs_2010-05-19_4d3ab059-45f0-4a86-8fcd-b7bef4b5aefe.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: 2010-05-17

Reporting Person: Redpoint Ventures II, LLC (10% Owner)
Reporting Person: Redpoint Ventures II, L.P. (10% Owner)
Reporting Person: Redpoint Associates II, LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-17 Common Stock J 2000000 Disposed 5813452 Indirect
2010-05-17 Common Stock J 614000 Acquired 614000 Indirect
2010-05-17 Common Stock J 614000 Disposed 0 Indirect
2010-05-17 Common Stock J 46245 Disposed 134422 Indirect

Footnotes

F1: Represents a pro-rata in-kind distribution of Common Stock of the Issuer by Redpoint Ventures II, L.P. without consideration to its limited partners and Redpoint Ventures II, LLC, its general partner.

F2: Represents the receipt of shares by virtue of the distribution described in footnote (1) and subsequent pro-rata in-kind distribution of such shares by Redpoint Ventures II, LLC without consideration to its members.

F3: Represents a pro-rata in-kind distribution of Common Stock of the Issuer by Redpoint Associates II, LLC without consideration to its members.