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Fortinet, Inc. Director's Dealing 2012

Sep 5, 2012

29957_dirs_2012-09-05_43b0a369-d6c8-47d7-8088-2c303a725b04.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: 2012-09-04

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-09-04 Common Stock M 2000 $8.43 Acquired 2000 Direct
2012-09-04 Common Stock S 2000 $26.5455 Disposed 0 Direct
2012-09-04 Common Stock M 4000 $3.735 Acquired 4000 Indirect
2012-09-04 Common Stock S 4000 $26.4897 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-09-04 Non-qualified Stock Option (right to buy) $8.43 M 2000 Disposed 2017-02-10 Common Stock (2000) Direct
2012-09-04 Non-qualified Stock Option (right to buy) $3.735 M 4000 Disposed 2016-01-28 Common Stock (4000) Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 7, 2012.

F2: 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.

F3: Represents the aggregate of sales effected on the same day at different prices.

F4: Represents the weighted average sales price per share. The shares sold at prices ranging from $26.51 to $26.63 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

F5: Represents the weighted average sales price per share. The shares sold at prices ranging from $26.33 to $26.61 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

F6: Securities held directly by G.V. Partners, L.P., for which the Reporting Person serves as the managing member.

F7: 1/4 of the shares subject to the option vested on February 10, 2011 and 1/48 of the shares subject to the option vest monthly thereafter.

F8: 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.