Fortinet, Inc. — Director's Dealing 2016

Aug 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2016-08-05

Reporting Person: Hsieh Ming (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-05	Common Stock	M	5000	—	Acquired	22318	Direct
2016-08-06	Common Stock	M	332	—	Acquired	22650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-05	Restricted Stock Units	$0	M	5000	Disposed		Common Stock (5000)	Direct
2016-08-06	Restricted Stock Units	$0	M	332	Disposed		Common Stock (332)	Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on August 5, 2015.

F2: Vesting of RSUs granted to the Reporting Person on August 6, 2014.

F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F4: 100% of the RSUs vested on August 5, 2016. Shares of the Issuer's common stock were delivered to the Reporting Person upon vesting.

F5: 25% of the RSUs vested on August 6, 2015, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing service of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.