Filing Details
- Accession Number:
- 0001181431-10-047810
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-23 17:37:35
- Reporting Period:
- 2010-09-21
- Filing Date:
- 2010-09-23
- Accepted Time:
- 2010-09-23 17:37:35
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1262039 | Fortinet Inc | FTNT | Computer Peripheral Equipment, Nec (3577) | 770560389 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1475587 | Ken Xie | C/O Fortinet, Inc. 1090 Kifer Road Sunnyvale CA 94086 | President & Ceo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2010-09-21 | 72,434 | $24.86 | 5,976,065 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 590,584 | Indirect | See footnote. |
| Common Stock | 1,500,000 | Indirect | See footnote. |
| Common Stock | 590,584 | Indirect | See footnote. |
| Common Stock | 1,500,000 | Indirect | See footnote. |
Footnotes
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2009, as amended.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $24.615 to $25.015 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- Shares held directly by The Ken Xie 2007 Annuity Trust dated September 25, 2007 for which the Reporting Person serves as trustee.
- Shares held directly by The Ken Xie 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person serves as trustee.
- Shares held directly by The Winnie Hiu-Yin Lee 2007 Annuity Trust dated September 25, 2007 for which the Reporting Person's spouse serves as trustee.
- Shares held directly by The Winnie Hiu-Yin Lee 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person's spouse serves as trustee.
Billionaire Hedge Funds
