Filing Details
- Accession Number:
- 0001181431-11-009594
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-02-11 17:39:33
- Reporting Period:
- 2011-02-08
- Filing Date:
- 2011-02-11
- Accepted Time:
- 2011-02-11 17:39:33
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2011-02-10 | 10,000 | $16.86 | 10,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-02-10 | 2,700 | $39.52 | 7,300 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2011-02-10 | 7,300 | $40.42 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2011-02-08 | 50,000 | $0.00 | 50,000 | $40.47 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-02-10 | 10,000 | $0.00 | 10,000 | $16.86 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 50,000 | 2018-02-08 | No | 4 | A | Direct | |
| 40,000 | 2017-02-10 | No | 4 | M | Direct |
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.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $38.94 to $39.88 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 (3) to this Form 4.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $39.99 to $40.78 per share.
- One-fourth of the shares subject to the option vest on February 8, 2012 and one forty-eighth of the shares shall vest monthly thereafter.
- One-fourth of the shares subject to the option vested on February 10, 2011 and one forty-eighth of the shares shall vest monthly thereafter.
Billionaire Hedge Funds
