Filing Details

Accession Number:
0001181431-12-033742
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-31 18:46:44
Reporting Period:
2012-05-29
Filing Date:
2012-05-31
Accepted Time:
2012-05-31 18:46:44
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 2012-05-29 50,000 $21.77 7,093,000 No 4 S Direct
Common Stock Disposition 2012-05-30 2,000 $21.64 7,091,000 No 4 S Direct
Common Stock Disposition 2012-05-31 2,000 $21.18 7,089,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
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
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 3, 2012.
  2. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $21.46 to $22.29 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.
  3. 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.
  4. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $21.40 to $21.82 per share.
  5. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $20.91 to $21.58 per share.
  6. Shares held directly by the Michael Xie Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee.
  7. Shares held directly by the Danke Wu Grantor Retained Annuity Trust dated February 9, 2011 for which the Reporting Person serves as a trustee.
  8. Shares held directly by the 2010 K.A. Family Trust dated May 3, 2010 for which the Reporting Person serves as a trustee.