Home > Insider Trading > Filing (0001181431-10-040027)

Filing Details

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
1218470	A Kenneth Goldman	C/O Fortinet, Inc. 1090 Kifer Road Sunnyvale CA 94086	Vp & Chief Financial Officer	No	Yes	No	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	Acquisiton	2010-08-02	100,000	$7.44	100,000	No	4	M	Direct
Common Stock	Disposition	2010-08-02	100,000	$18.02	0	No	4	S	Direct
Common Stock	Acquisiton	2010-08-02	15,000	$7.47	15,000	No	4	M	Indirect	See footnote
Common Stock	Disposition	2010-08-02	15,000	$18.03	0	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	4	M	Indirect	See footnote
No	4	S	Indirect	See footnote

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2010-08-02	100,000	$0.00	100,000	$7.44
Common Stock	Employee Stock Option (right to buy)	Disposition	2010-08-02	15,000	$0.00	15,000	$7.47

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
300,000		2017-09-20	No	4	M	Direct
65,834		2016-01-28	No	4	M	Indirect

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2009.
The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $18.00 to $18.08 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 within the ranges set forth in footnotes (2) and (4) to this Form 4.
The securities are held directly by G.V. Partners, L.P. for which the Reporting Person serves as the managing member.
The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $18.00 to $18.06 per share.
One forty-eighth of the shares subject to the option vested on October 20, 2007 and one forty-eighth of the shares shall vest monthly thereafter.
One-fourth of the shares subject to the option vested on January 28, 2010 and one forty-eighth of the shares shall vest monthly thereafter.