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Fortinet, Inc. — Director's Dealing 2011
May 31, 2011
29957_dirs_2011-05-31_c175e229-57d8-4b3d-a6fb-8e5888de4663.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: 2011-05-27
Reporting Person: CHEN PEHONG (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-27 | Common Stock | M | 4000 | $17.98 | Acquired | 4000 | Direct |
| 2011-05-27 | Common Stock | S | 4000 | $48.1993 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-27 | Stock Option (right to buy) | $17.98 | M | 4000 | Disposed | 2017-08-05 | Common Stock (4000) | Direct |
Footnotes
F1: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $48.173 to $48.36 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.
F2: The option vests in forty-eight equal monthly installments beginning on September 5, 2010.
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