AI assistant
Fortinet, Inc. — Director's Dealing 2011
Dec 2, 2011
29957_dirs_2011-12-02_57d80e72-7a48-4859-973f-fe6af20bff63.zip
Director's Dealing
Open in viewerOpens in your device viewer
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.