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Fortinet, Inc. — Director's Dealing 2015
Jul 6, 2015
29957_dirs_2015-07-06_d4d74aed-6484-47f3-8f35-e43ab1fd1245.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2015-06-03
Reporting Person: Xie Michael (Director, VP, Engineering & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-03 | Common Stock | S | 25000 | $40.0486 | Disposed | 6284400 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 462488 | Indirect |
| Common Stock | 2668756 | Indirect |
| Common Stock | 2668756 | 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 December 2, 2014.
F2: Represents the aggregate of sales effected on the same day at different prices.
F3: Due to a broker administrative error, the number of directly owned shares sold by the Reporting Person on June 3, 2015 was misreported on a Form 4 filed with the U.S. Securities and Exchange Commission on June 4, 2015. This amended report corrects the total number of shares sold from 30,000 shares to 25,000 shares of the Issuer's common stock. The number of shares reflected in Column 5 of this row is the number directly owned by the Reporting Person as of the filing of this amended report.
F4: Represents the weighted average sales price per share. The shares sold at prices ranging from $39.61 to $40.26 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: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
F6: Shares held directly by the 2014 Michael Xie Grantor Retained Annuity Trust dated March 6, 2014, for which the Reporting Person serves as a trustee.
F7: Shares held directly by the 2014 Danke Wu Grantor Retained Annuity Trust dated March 6, 2014, for which the Reporting Person serves as a trustee.