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Fortinet, Inc. — Director's Dealing 2012
Feb 3, 2012
29957_dirs_2012-02-03_d81c23b3-a057-43d7-af6d-237acfd1015b.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: 2012-02-01
Reporting Person: PAISLEY CHRISTOPHER B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-01 | Common Stock | M | 10000 | $0.475 | Acquired | 10000 | Direct |
| 2012-02-01 | Common Stock | S | 9900 | $25.0498 | Disposed | 100 | Direct |
| 2012-02-01 | Common Stock | S | 100 | $25.71 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-01 | Stock Option (right to buy) | $0.475 | M | 10000 | Disposed | 2014-02-26 | Common Stock (10000) | 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 February 28, 2011.
F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $24.62 to $25.50 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 subject to the option are fully vested and immediately exercisable.