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Fortinet, Inc. Director's Dealing 2011

Dec 2, 2011

29957_dirs_2011-12-02_57d80e72-7a48-4859-973f-fe6af20bff63.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: 2011-12-01

Reporting Person: Whittle John (VP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-01 Common Stock M 4998 $3.735 Acquired 4998 Direct
2011-12-01 Common Stock S 4998 $23.7779 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-01 Employee Stock Option (right to buy) $3.735 M 2082 Disposed 2015-04-23 Common Stock (2082) Direct
2011-12-01 Employee Stock Option (right to buy) $3.735 M 2916 Disposed 2016-01-28 Common Stock (2916) 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 November 24, 2010.

F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $23.52 to $23.93 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 April 23, 2009 and one forty-eighth of the shares shall vest monthly thereafter.

F4: One-fourth of the shares subject to the option vested on January 28, 2010 and one forty-eighth of the shares shall vest monthly thereafter.