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Fortinet, Inc. Director's Dealing 2011

Aug 11, 2011

29957_dirs_2011-08-11_3d6b1511-b94e-4a50-8c5d-b48d3c6b29d9.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: 2011-08-10

Reporting Person: Whittle John (VP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-08-10 Common Stock M 18750 $8.43 Acquired 18750 Direct
2011-08-10 Common Stock S 18750 $18.4174 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-08-10 Employee Stock Option (right to buy) $8.43 M 18750 Disposed 2017-02-10 Common Stock (18750) 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 June 6, 2011.

F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $18.10 to $18.79 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.

F3: 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.