MYERS GREG 4
4 · FORTINET INC · Filed Feb 6, 2012
Insider Transaction Report
Form 4
FORTINET INCFTNT
MYERS GREG
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2012-02-03−16,000→ 64,000 totalExercise: $3.73Exp: 2015-04-23→ Common Stock (16,000 underlying) - Sale
Common Stock
2012-02-03$25.60/sh−16,000$409,614→ 0 total - Exercise/Conversion
Common Stock
2012-02-03$3.73/sh+16,000$59,760→ 16,000 total
Footnotes (3)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2011.
- [F2]The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $25.35 to $25.85 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.
- [F3]One forty-eighth of the shares subject to the option vested on May 23, 2008 and one forty-eighth of the shares vest monthly thereafter.