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Fortinet, Inc. Director's Dealing 2017

Feb 8, 2017

29957_dirs_2017-02-08_2cf28f62-3adf-4ee3-b268-89daf5fab9f2.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: 2017-02-07

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-07 Common Stock M 25000 $8.43 Acquired 12485375 Direct
2017-02-07 Common Stock S 25000 $37.8162 Disposed 12460375 Direct
2017-02-08 Common Stock M 25000 $8.43 Acquired 12485375 Direct
2017-02-08 Common Stock S 25000 $37.5863 Disposed 12460375 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-07 Employee Stock Option (right to buy) $8.43 M 25000 Disposed 2017-02-10 Common Stock (25000) Direct
2017-02-08 Employee Stock Option (right to buy) $8.43 M 25000 Disposed 2017-02-10 Common Stock (25000) 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 $37.58 to $38.19 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 $37.23 to $37.84 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.