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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.
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