CHEN PEHONG 4
4 · FORTINET INC · Filed Aug 3, 2011
Insider Transaction Report
Form 4
FORTINET INCFTNT
CHEN PEHONG
Director
Transactions
- Award
Stock Option (right to buy)
2011-08-02+15,000→ 15,000 totalExercise: $20.13Exp: 2018-08-02→ Common Stock (15,000 underlying)
Holdings
- 40,000
Stock Option (right to buy)
Exercise: $8.99Exp: 2017-08-05→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]The option vests in forty-eight equal monthly installments beginning on September 2, 2011.
- [F2]On June 1, 2011, the common stock of the Issuer split 2-for-1, in the form of a 100% stock dividend, to all stockholders of record as of the close of business on May 9, 2011 (the "Stock Split").
- [F3]The option was previously reported as covering 20,000 shares at an exercise price of $17.98 per share, but was adjusted to reflect the Stock Split.
- [F4]The option vests in forty-eight equal monthly installments beginning on September 5, 2010.