Filing Details
- Accession Number:
- 0001181431-11-020583
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-29 17:31:06
- Reporting Period:
- 2011-03-28
- Filing Date:
- 2011-03-29
- Accepted Time:
- 2011-03-29 17:31:06
- 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 |
---|---|---|---|---|---|---|---|
1475586 | Michael Xie | C/O Fortinet, Inc. 1090 Kifer Road Sunnyvale CA 94086 | Vp, Engineering & Cto | Yes | 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 | Disposition | 2011-03-28 | 20,000 | $42.69 | 3,830,000 | 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 | 1,500,000 | 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 8, 2010.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $42.12 to $43.03 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.
- Excludes an aggregate of 3,000,000 shares previously reported as held directly by Reporting Person which were re-registered on February 14, 2011 and are now held directly by the Michael Xie Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee (the "M. Xie GRAT") and the Danke Wu Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee (the "D. Wu GRAT").
- Includes 1,500,000 shares previously reported as held directly by the Reporting Person which were re-registered on February 14, 2011 and are now held directly by the M. Xie GRAT.
- Includes 1,500,000 shares previously reported as held directly by the Reporting Person which were re-registered on February 14, 2011 and are now held directly by the D. Wu GRAT.