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Filing Details

Accession Number:: 0001209191-10-054059
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-11-09 18:32:24
Reporting Period:: 2010-11-05

Filing Date:: 2010-11-09
Accepted Time:: 2010-11-09 18:32:24
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
1248046	L John Walecka	3000 Sand Hill Road Building 2, Suite 290 Menlo Park CA 94025		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-11-05	3,505	$0.00	3,505	No	4	J	Indirect	By Redpoint Meritech Associates II, LLC
Common Stock	Disposition	2010-11-09	3,505	$31.10	0	No	4	S	Indirect	By Redpoint Meritech Associates II, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	By Redpoint Meritech Associates II, LLC
No	4	S	Indirect	By Redpoint Meritech Associates II, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,813,452	Indirect	By Redpoint Ventures II, L.P.
Common Stock	41,932	Indirect	By Redpoint Associates II, LLC
Common Stock	72,996	Indirect	By Trust
Common Stocck	9,634	Indirect	By Partnership

Footnotes

Represents the receipt of shares of Common Stock of the Issuer by Redpoint Meritech Associates II, LLC ("RMA II") by virtue of a pro rata in-kind distribution without consideration by a limited partnership of which RMA II is a limited partner.
The Reporting Person is a Managing Director of Redpoint Ventures II, LLC ("RV II LLC"), which serves as the general partner of Redpoint Ventures II, L.P. ("RV II LP"). The Reporting Person is a Managing Member of RMA II and a Manager of Redpoint Associates II, LLC ("RA II"). RV II LLC, RMA II and RA II are under common control. As such, the Reporting Person shares voting and investment power over the shares held by RV II LP, RMA II and RA II. RV II LLC holds no shares of the Issuer directly. The Reporting Person disclaims beneficial ownership of the shares held by RV II LP, RMA II and RA II except to the extent of his proportionate pecuniary interest therein.
Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $31.00 to $31.36 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
The shares are held by the Walecka 1992 Living Trust UDT dated December 31, 1992 ("Walecka Trust"). The Reporting Person is a trustee and beneficiary of the Walecka Trust.
The shares are held by Walecka Enterprises I, L.P. ("Walecka LP"). The Reporting Person is the General Manager of Walecka Capital LLC which serves as the general partner of Walecka LP. The Reporting Person disclaims beneficial ownership of the shares held by Walecka LP except to the extent of his proportionate pecuniary interest therein.