Filing Details

Accession Number:
0001181431-10-030607
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-01 13:00:00
Reporting Period:
2010-05-27
Filing Date:
2010-06-01
Accepted Time:
2010-06-01 20:42:15
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
1476571 George Hara C/O Fortinet, Inc. 1090 Kifer Road
Sunnyvale CA 94086
Yes No 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 2010-05-27 86,621 $0.00 4,560 No 4 J Indirect See footnote
Common Stock Disposition 2010-05-27 4,560 $16.21 0 No 4 S Indirect See footnote
Common Stock Acquisiton 2010-05-27 45,590 $0.00 45,590 No 4 J Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 866,668 Indirect See footnote
Common Stock 533,333 Indirect See footnote
Common Stock 336,000 Indirect See footnote
Common Stock 213,334 Indirect See footnote
Footnotes
  1. Pro rata distribution of the Common Stock of the Issuer by Defta Archipelago, LLC ("DA") without consideration to its members.
  2. Shares held directly by DA. The Reporting Person is a director of Defta, Inc., the manager of DA, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DA. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
  3. The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $16.20 to $16.215 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.
  4. Shares held directly by Technology Advisory Group, LLC ("TAG"). The Reporting Person is the director of TAG and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by TAG. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
  5. Shares held directly by Defta Alliance Fund II, L.P. ("DAF"). The Reporting Person is a managing member of Coba Management, LLC ("Coba Mgmt"), the general partner of DAF, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DAF. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
  6. Shares held directly by Coba Mgmt. The Reporting Person is a managing member of Coba Mgmt and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by Coba Mgmt. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
  7. Shares held directly by Defta Fortinet Holdings, LP ("DFH"). The Reporting Person is a managing member of Coba Mgmt, the general partner of DFH, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DFH. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.
  8. Shares held directly by Defta Ubiquitous Technologies, LP ("DUT"). The Reporting Person is a managing member of Coba International, the general partner of DUT, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by DUT. The Reporting Person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein.