Fortinet, Inc. — Director's Dealing 2011

Jun 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2011-05-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-31	Common Stock	M	2000	$7.47	Acquired	2000	Indirect
2011-05-31	Common Stock	S	1204	$47.9588	Disposed	796	Indirect
2011-05-31	Common Stock	S	796	$48.4186	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-31	Employee Stock Option (right to buy)	$7.47	M	2000	Disposed	2016-01-28	Common Stock (2000)	Indirect

Footnotes

F1: The securities are held directly by G.V. Partners, L.P. for which the Reporting Person serves as the managing member.

F2: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 22, 2010.

F3: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $47.30 to $48.28 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 (3) and (4) to this Form 4.

F4: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $48.33 to $48.50 per share.

F5: One-fourth of the shares subject to the option vested on January 28, 2010 and one forty-eighth of the shares shall vest monthly thereafter.