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Filing Details

Accession Number:: 0001181431-12-016166
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-03-09 19:40:38
Reporting Period:: 2012-03-07

Filing Date:: 2012-03-09
Accepted Time:: 2012-03-09 19:40:38
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-03-07	2,500	$26.23	7,247,500	No	4	S	Direct
Common Stock	Disposition	2012-03-08	2,500	$26.39	7,245,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,341,055	Indirect	See footnote
Common Stock	2,341,055	Indirect	See footnote
Common Stock	1,317,890	Indirect	See footnote

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 30, 2011.
The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $25.73 to $26.54 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 $26.19 to $26.61 per share.
Excludes 658,945 shares previously reported as held directly by the Michael Xie Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee (the "Xie GRAT") which were re-registered on March 5, 2012 and are now held directly by the 2010 K.A. Family Trust dated May 3, 2010 for which the Reporting Person serves as a trustee (the "Family Trust").
Excludes 658,945 shares previously reported as held directly by the Danke Wu Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee (the "Wu GRAT") which were re-registered on March 5, 2012 and are now held directly by the Family Trust.
Shares held directly by the Xie GRAT.
Shares held directly the Wu GRAT.
Includes 658,945 shares previously reported as held directly by each of the Xie GRAT and the Wu GRAT which were re-registered on March 5, 2012 and are now held directly by the Family Trust.
Shares held directly by the Family Trust.