Fortinet, Inc. — Director's Dealing 2016

Dec 7, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2016-12-05

Reporting Person: Xie Ken (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-05	Common Stock	M	20000	$8.43	Acquired	12835800	Direct
2016-12-05	Common Stock	S	20000	$30.2461	Disposed	12815800	Direct
2016-12-07	Common Stock	M	30000	$8.43	Acquired	12845800	Direct
2016-12-07	Common Stock	S	30000	$30.4664	Disposed	12815800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-05	Employee Stock Option (right to buy)	$8.43	M	20000	Disposed	2017-02-10	Common Stock (20000)	Direct
2016-12-07	Employee Stock Option (right to buy)	$8.43	M	30000	Disposed	2017-02-10	Common Stock (30000)	Direct

Footnotes

F1: Represents the aggregate of sales effected on the same day at different prices.

F2: Represents the weighted average sales price per share. The shares sold at prices ranging from $30.00 to $30.47 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.

F3: Represents the weighted average sales price per share. The shares sold at prices ranging from $30.00 to $30.87 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.

F4: The option is 100% vested and exercisable.