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Fortinet, Inc. Director's Dealing 2012

Aug 28, 2012

29957_dirs_2012-08-28_e58ec7b9-0cfe-4e04-9bed-966e3f17b8a2.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: 2012-08-27

Reporting Person: GOLDMAN KENNETH A (VP & Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-08-27 Common Stock M 15000 $3.735 Acquired 15000 Indirect
2012-08-27 Common Stock S 15000 $26.00 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-08-27 Non-qualified Stock Option (right to buy) $3.735 M 15000 Disposed 2016-01-28 Common Stock (15000) Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by G.V. Partners, L.P. on June 6, 2012. See footnote 2 for description of Reporting Person's indirect ownership.

F2: Securities held directly by G.V. Partners, L.P., for which the Reporting Person serves as the managing member.

F3: 1/4 of the shares subject to the option vested on January 28, 2010, and 1/48 of the shares subject to the option vest monthly thereafter.