Fortinet, Inc. — Director's Dealing 2011

Feb 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2011-02-08

Reporting Person: GOLDMAN KENNETH A (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-10	Common Stock	M	10000	$16.86	Acquired	10000	Direct
2011-02-10	Common Stock	S	2700	$39.515	Disposed	7300	Direct
2011-02-10	Common Stock	S	7300	$40.415	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-08	Employee Stock Option (right to buy)	$40.47	A	50000	Acquired	2018-02-08	Common Stock (50000)	Direct
2011-02-10	Employee Stock Option (right to buy)	$16.86	M	10000	Disposed	2017-02-10	Common Stock (10000)	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 November 30, 2009.

F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $38.94 to $39.88 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 within the ranges set forth in footnotes (2) and (3) to this Form 4.

F3: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $39.99 to $40.78 per share.

F4: One-fourth of the shares subject to the option vest on February 8, 2012 and one forty-eighth of the shares shall vest monthly thereafter.

F5: One-fourth of the shares subject to the option vested on February 10, 2011 and one forty-eighth of the shares shall vest monthly thereafter.