Home > Insider Trading > Filing (0001209191-11-054005)

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
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	Acquisiton	2011-10-05	440,376	$0.00	13,288,650	No	5	G	Direct
Common Stock	Disposition	2011-10-05	1,962,768	$0.00	0	No	5	G	Indirect	See footnote
Common Stock	Disposition	2011-10-05	2,403,144	$0.00	0	No	5	G	Indirect	See footnote
Common Stock	Disposition	2011-11-01	60,000	$22.33	13,228,650	No	4	S	Direct
Common Stock	Disposition	2011-11-01	12,000	$0.00	13,216,650	No	5	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	G	Direct
No	5	G	Indirect	See footnote
No	5	G	Indirect	See footnote
No	4	S	Direct
No	5	G	Direct

Footnotes

Shares acquired from the The Winnie Hiu-Yin Lee 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person's spouse serves as trustee (the "Lee GRAT").
Includes 440,376 shares previously reported as held directly by The Ken Xie 2009 Grantor Retained Annuity Trust dated September 10, 2009 for which the Reporting Person serves as trustee (the "Xie 2009 GRAT") which were re-registered on October 5, 2011 and are now held directly by the Reporting Person.
Excludes 440,376 shares previously reported as held directly by Xie 2009 GRAT which were re-registered on October 5, 2011 and are now held directly by the Reporting Person.
Shares held directly by the Xie 2009 GRAT.
Shares held directly by the Lee GRAT.
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 $21.865 to $22.68 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.