AI assistant
Fortinet, Inc. — Director's Dealing 2012
May 1, 2012
29957_dirs_2012-05-01_1ae526cf-18e4-4b63-a16b-1678e3384c60.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: 2012-04-27
Reporting Person: MYERS GREG (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-04-27 | Common Stock | M | 16000 | $3.7350 | Acquired | 16000 | Direct |
| 2012-04-27 | Common Stock | S | 16000 | $25.9287 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-27 | Stock Option (right to buy) | $3.7350 | M | 16000 | Disposed | 2015-04-23 | Common Stock (16000) | 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 December 1, 2011.
F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $25.68 to $26.15 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 forty-eighth of the shares subject to the option vested on May 23, 2008 and one forty-eighth of the shares vest monthly thereafter.