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Fortinet, Inc. — Director's Dealing 2012
May 16, 2012
29957_dirs_2012-05-16_8802e979-9c93-46cd-944b-f92e8277ee57.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: 2012-05-15
Reporting Person: Xie Michael (Director, VP, Engineering & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-15 | Common Stock | S | 50000 | $24.0848 | Disposed | 7151000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2341055 | Indirect |
| Common Stock | 2341055 | Indirect |
| Common Stock | 1317890 | Indirect |
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 February 13, 2012.
F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $23.81 to $24.29 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: Shares held directly by the Michael Xie Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee.
F4: Shares held directly by the Danke Wu Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee.
F5: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010 for which the Reporting Person serves as a trustee.