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Fortinet, Inc. Director's Dealing 2018

Nov 9, 2018

29957_dirs_2018-11-09_813a7fe6-2745-4aba-b14e-c3429fcf6712.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2018-11-01

Reporting Person: Xie Michael (Director, VP, Engineering & CTO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-02 Common Stock S 9173 $72.4765 Disposed 3699141 Indirect
2018-11-02 Common Stock S 8268 $73.3475 Disposed 3690873 Indirect
2018-11-02 Common Stock S 3700 $74.2622 Disposed 3687173 Indirect
2018-11-02 Common Stock S 2400 $75.6304 Disposed 3684773 Indirect
2018-11-02 Common Stock S 2400 $76.2529 Disposed 3682373 Indirect
2018-11-02 Common Stock S 2200 $77.3186 Disposed 3680173 Indirect
2018-11-02 Common Stock S 950 $78.32 Disposed 3679223 Indirect
2018-11-02 Common Stock S 609 $79.3679 Disposed 3678614 Indirect
2018-11-02 Common Stock S 400 $81.605 Disposed 3678214 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6460000 Direct
Common Stock 1991686 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 May 22, 2018.

F2: Represents the aggregate of sales effected on the same day at different prices

F3: Represents the weighted average sales price per share. The shares sold at prices ranging from $71.92 to $72.91 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: Shares held directly by The K.A. Children's Trust dated February 9, 2011, for which the Reporting Person serves as a trustee.

F5: Represents the weighted average sales price per share. The shares sold at prices ranging from $72.92 to $73.91 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.

F6: Represents the weighted average sales price per share. The shares sold at prices ranging from $73.92 to $74.90 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.

F7: Represents the weighted average sales price per share. The shares sold at prices ranging from $74.96 to $75.90 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.

F8: Represents the weighted average sales price per share. The shares sold at prices ranging from $75.92 to $76.85 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.

F9: Represents the weighted average sales price per share. The shares sold at prices ranging from $76.95 to $77.79 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.

F10: Represents the weighted average sales price per share. The shares sold at prices ranging from $77.95 to $78.71 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.

F11: Represents the weighted average sales price per share. The shares sold at prices ranging from $79.11 to $79.80 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.

F12: Represents the weighted average sales price per share. The shares sold at prices ranging from $81.58 to $81.68 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.

F13: Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010, for which the Reporting Person serves as a trustee.