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Fortinet, Inc. Director's Dealing 2010

Aug 3, 2010

29957_dirs_2010-08-03_504e2cde-4d21-40d1-9dad-1e8d523cbbf6.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: 2010-08-02

Reporting Person: PAISLEY CHRISTOPHER B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-02 Common Stock M 5000 $0.95 Acquired 5000 Direct
2010-08-02 Common Stock S 5000 $18.0874 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-08-02 Stock Option (right to buy) $0.95 M 5000 Disposed 2014-02-26 Common Stock (5000) 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: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $17.855 to $18.18 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: Shares subject to the option are fully vested and immediately exercisable.