Filing Details
- Accession Number:
- 0001209191-11-054008
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-02 19:44:10
- Reporting Period:
- 2011-11-01
- Filing Date:
- 2011-11-02
- Accepted Time:
- 2011-11-02 19:44:10
- 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 |
|---|---|---|---|---|---|---|---|
| 1476336 | John Whittle | C/O Fortinet, Inc. 1090 Kifer Road Sunnyvale CA 94086 | Vp & General Counsel | 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 | 2011-11-01 | 9,996 | $3.74 | 9,996 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2011-11-01 | 1,042 | $8.43 | 11,038 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-11-01 | 11,038 | $22.39 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | 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) | Disposition | 2011-11-01 | 4,164 | $0.00 | 4,164 | $3.74 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-11-01 | 5,832 | $0.00 | 5,832 | $3.74 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-11-01 | 1,042 | $0.00 | 1,042 | $8.43 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 12,512 | 2015-04-23 | No | 4 | M | Direct | |
| 43,756 | 2016-01-28 | No | 4 | M | Direct | |
| 29,168 | 2017-02-10 | No | 4 | M | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person on November 24, 2010 and June 6, 2011.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $21.94 to $22.69 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.
- One-fourth of the shares subject to the option vested on April 23, 2009 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.
- 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.
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