AI assistant
Fortinet, Inc. — Director's Dealing 2011
Apr 21, 2011
29957_dirs_2011-04-21_025bd26c-5371-4119-8f4d-b249b561b57f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2011-04-19
Reporting Person: Xie Ken (Director, President & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-19 | Common Stock | S | 89800 | $38.6728 | Disposed | 5919555 | Direct |
| 2011-04-19 | Common Stock | S | 200 | $39.48 | Disposed | 5919355 | Direct |
| 2011-04-19 | Common Stock | G | 18000 | — | Disposed | 5901355 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1201572 | Indirect |
| Common Stock | 1201572 | Indirect |
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 $38.33 to $39.30 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 held directly by The Ken Xie 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person serves as trustee.
F4: Shares held directly by The Winnie Hiu-Yin Lee 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person's spouse serves as trustee.