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Fortinet, Inc. — Director's Dealing 2016
Jan 22, 2016
29957_dirs_2016-01-22_879d5d5f-5cc0-4d20-9875-7ccf68bee1dc.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: 2016-01-21
Reporting Person: Xie Michael (Director, VP, Engineering & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-21 | Common Stock | M | 200000 | $3.735 | Acquired | 6482000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-21 | Employee Stock Option (right to buy) | $3.735 | M | 200000 | Disposed | 2016-01-28 | Common Stock (200000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 462488 | Indirect |
| Common Stock | 2251323 | Indirect |
| Common Stock | 2251323 | Indirect |
| Common Stock | 754866 | Indirect |
Footnotes
F1: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.
F2: 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.
F3: 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.
F4: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.
F5: The option is 100% vested and exercisable.