Filing Details
- Accession Number:
- 0001181431-11-027604
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-05 20:14:03
- Reporting Period:
- 2011-05-03
- Filing Date:
- 2011-05-05
- Accepted Time:
- 2011-05-05 20:14:03
- 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 | 2011-05-03 | 10,869 | $43.93 | 6,337,080 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2011-05-03 | 15,464 | $44.99 | 6,321,616 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2011-05-03 | 3,667 | $45.79 | 6,317,949 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2011-05-03 | 6,000 | $0.00 | 6,311,949 | No | 5 | G | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 5 | G | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,201,572 | Indirect | See footnote |
| Common Stock | 1,201,572 | 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 February 23, 2011.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $43.505 to $44.48 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), (4) and (5) to this Form 4.
- The amount of securities beneficially owned after the reported transaction has been adjusted to correct an administrative error that initially appeared in row 4 of column 5 of the Form 4 filed on November 24, 2010 and in subsequent Forms 4 filed between December 22, 2010 and April 21, 2011.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $44.55 to $45.50 per share.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $45.55 to $46.23 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 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 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person's spouse serves as trustee.
Billionaire Hedge Funds
