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Fortinet, Inc. — Director's Dealing 2011
Nov 30, 2011
29957_dirs_2011-11-30_5bb7f680-ae2f-4545-aca9-6b6f109d8627.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: 2011-11-29
Reporting Person: LU HONG LIANG (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-29 | Common Stock | M | 25000 | $3.735 | Acquired | 25000 | Direct |
| 2011-11-29 | Common Stock | S | 25000 | $23.0845 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-29 | Stock Option (right to buy) | $3.735 | M | 25000 | Disposed | 2015-04-23 | Common Stock (25000) | 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 $22.825 to $23.44 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: One forty-eighth of the shares subject to the option vested on May 23, 2008 and one forty-eighth of the shares vest monthly thereafter.
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