Home > Insider Trading > Latest 13D and 13G Filings > 13G Filing (0001140361-18-005602)

Filing Details

Accession Number:: 0001140361-18-005602
Form Type:: 13G Filing
Publication Date:: 2018-02-07 16:47:53

Filed By:: Xie Michael
Company:: Fortinet Inc. (NASDAQ:FTNT)
Filing Date:: 2018-02-07
SEC Url:: 13G Filing

Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name	Sole Voting Power	Shared Voting Power	Sole Dispositive Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
Xie Michael	6,747,000	7,883,110	6,747,000	7,883,110	14,630,110	8.71 (2)%

Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 9)*

FORTINET, INC

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

34959E109

(CUSIP Number)

December 31, 2017

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

x Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No.

34959E109


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Xie Michael

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER

			6,747,000

		6	SHARED VOTING POWER

			7,883,110

		7	SOLE DISPOSITIVE POWER

			6,747,000

		8	SHARED DISPOSITIVE POWER

			7,883,110

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	14,630,110 (1)

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	8.71 (2)%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN
	FOOTNOTES

	(1) Includes (i) 6,692,000 shares of Common Stock held by the Reporting Person; (ii) 1,991,686 shares of Common Stock held by The K.A. Family Trust dated May 3, 2010, for which Mr. Michael Xie serves as a trustee; (iii) 3,708,314 shares of Common Stock held by The K.A. Children's Trust dated February 9, 2011, for which Mr. Michael Xie serves as a trustee; (iv) 2,183,110 shares of Common Stock held by The Xie Foundation, a non-profit entity for which the Reporting Person serves as co-president and a director; (v) 37,500 shares subject to options held by Mr. Michael Xie that are exercisable within 60 days of December 31, 2017, all of which are vested; and (vi) 17,500 shares issuable upon the settlement of restricted stock units held by Mr. Michael Xie that will vest within 60 days of December 31, 2017. The Reporting Person has no pecuniary interest in and disclaims beneficial ownership of the shares of Common Stock held by The Xie Foundation. (2) Based on 167,889,228 shares of the Issuer’s Common Stock outstanding as of December 31, 2017.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.



Date: January 29, 2018	By:	/s/ Michael Xie
		Name: Michael Xie

Footnotes:

Item 4(a): The aggregate number of shares beneficially owned includes (i) 6,692,000 shares of Common Stock held by the Reporting Person; (ii) 1,991,686 shares of Common Stock held by The K.A. Family Trust dated May 3, 2010, for which Mr. Michael Xie serves as a trustee; (iii) 3,708,314 shares of Common Stock held by The K.A. Children's Trust dated February 9, 2011, for which Mr. Michael Xie serves as a trustee; (iv) 2,183,110 shares of Common Stock held by The Xie Foundation, a non-profit entity for which the Reporting Person serves as co-president and a director; (v) 37,500 shares subject to options held by Mr. Michael Xie that are exercisable within 60 days of December 31, 2017, all of which are vested; and (vi) 17,500 shares issuable upon the settlement of restricted stock units held by Mr. Michael Xie that will vest within 60 days of December 31, 2017. The Reporting Person has no pecuniary interest in and disclaims beneficial ownership of the shares of Common Stock held by The Xie Foundation.
Item 4(b): Based on 167,889,228 shares of the Issuer’s Common Stock outstanding as of December 31, 2017.

Attention:

Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)