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Fortinet, Inc. Director's Dealing 2011

Feb 2, 2011

29957_dirs_2011-02-02_8b9ba3db-0d04-4ec6-ac10-62f922a26717.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: 2011-01-31

Reporting Person: Xie Michael (Director, VP, Engineering & CTO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-06 Common Stock G 33000 Disposed 6817000 Direct
2010-12-20 Common Stock G 47000 Disposed 6770000 Direct
2011-01-31 Common Stock M 30000 $2.15 Acquired 6800000 Direct
2011-01-31 Common Stock M 50000 $2.365 Acquired 6850000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-31 Employee Stock Option (right to buy) $2.15 M 30000 Disposed 2011-03-01 Common Stock (30000) Direct
2011-01-31 Employee Stock Option (right to buy) $2.365 M 50000 Disposed 2011-07-20 Common Stock (50000) Direct

Footnotes

F1: Shares subject to the option are fully vested and immediately exercisable.