Filing Details
- Accession Number:
- 0001181431-12-031195
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-05-18 18:33:40
- Reporting Period:
- 2012-05-16
- Filing Date:
- 2012-05-18
- Accepted Time:
- 2012-05-18 17:33:40
- 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 | 2012-05-16 | 2,000 | $24.19 | 7,149,000 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2012-05-17 | 2,000 | $23.58 | 7,147,000 | 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 sale reported on this Form 4 was 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 $24.07 to $24.38 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 $23.28 to $24.17 per share.
- Shares held directly by the Michael Xie Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee.
- Shares held directly by the Danke Wu Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee.
- Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010 for which the Reporting Person serves as a trustee.
Billionaire Hedge Funds
