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Fortinet, Inc. Director's Dealing 2012

Mar 1, 2012

29957_dirs_2012-03-01_05ce5409-54a5-478b-aff9-e7028e9d7d8c.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: 2012-02-29

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-29 Common Stock M 4000 $3.735 Acquired 4000 Indirect
2012-02-29 Common Stock S 4000 $27.1444 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-02-29 Employee Stock Option (right to buy) $3.735 M 4000 Disposed 2016-01-28 Common Stock (4000) Indirect

Footnotes

F1: The securities are held directly by G.V. Partners, L.P. for which the Reporting Person serves as the managing member.

F2: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 22, 2010.

F3: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $26.85 to $27.41 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.

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