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Fortinet, Inc. Director's Dealing 2011

Aug 3, 2011

29957_dirs_2011-08-03_a48d2418-e21d-4759-bf2e-0447592a307c.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: 2011-08-02

Reporting Person: CHEN PEHONG (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-08-02 Stock Option (right to buy) $20.13 A 15000 Acquired 2018-08-02 Common Stock (15000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $8.99 2017-08-05 Common Stock (40000) 40000 Direct

Footnotes

F1: The option vests in forty-eight equal monthly installments beginning on September 2, 2011.

F2: On June 1, 2011, the common stock of the Issuer split 2-for-1, in the form of a 100% stock dividend, to all stockholders of record as of the close of business on May 9, 2011 (the "Stock Split").

F3: The option was previously reported as covering 20,000 shares at an exercise price of $17.98 per share, but was adjusted to reflect the Stock Split.

F4: The option vests in forty-eight equal monthly installments beginning on September 5, 2010.