Fortinet, Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| PAISLEY CHRISTOPHER B | — | Sale | 1,954 | $39.51 | $77,203 | — | Feb 1, 2011 |
| Whittle John | VP & General Counsel | Sale | 9,749 | $38.82 | $378,456 | 9,626 | Feb 1, 2011 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 4,200 | $38.74 | $162,708 | 5,800 | Feb 1, 2011 |
| Xie Ken | President & CEO | Sale | 2,900 | $37.11 | $107,619 | 6,243,355 | Jan 18, 2011 |
| Xie Ken | President & CEO | Gift | 30,000 | — | — | 6,441,355 | Dec 21, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 11,280 | $31.90 | $359,832 | 100 | Dec 20, 2010 |
| Xie Michael | VP, Engineering & CTO | Option Exercise | 30,000 | $2.15 | $64,500 | 6,800,000 | Dec 20, 2010 |
| Whittle John | VP & General Counsel | Option Exercise | 25,000 | $7.47 | $186,750 | 25,000 | Dec 8, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 11,380 | $31.12 | $354,146 | — | Nov 22, 2010 |
| WALECKA JOHN L | — | Sale | 3,505 | $31.10 | $109,006 | — | Nov 5, 2010 |
| WALECKA JOHN L | — | Sale | 26,614 | $30.34 | $807,469 | 9,634 | Nov 4, 2010 |
| Whittle John | VP & General Counsel | Sale | 1,100 | $35.16 | $38,676 | 400 | Nov 3, 2010 |
| PAISLEY CHRISTOPHER B | — | Option Exercise | 5,000 | $0.95 | $4,750 | 5,000 | Nov 1, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 60,980 | $31.31 | $1,909,284 | — | Oct 27, 2010 |
| PAISLEY CHRISTOPHER B | — | Sale | 20,000 | $30.00 | $600,000 | — | Oct 25, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 396,000 | $27.00 | $10,692,000 | 6,850,000 | Oct 22, 2010 |
| Xie Ken | President & CEO | Sale | 90,000 | $25.43 | $2,288,700 | 5,868,499 | Oct 19, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 33,000 | $25.95 | $856,350 | 7,246,000 | Oct 18, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 1,668 | $24.71 | $41,216 | — | Sep 28, 2010 |
| Xie Ken | President & CEO | Sale | 17,566 | $25.00 | $439,150 | 5,958,499 | Sep 27, 2010 |
| Whittle John | VP & General Counsel | Sale | 3,125 | $23.92 | $74,750 | — | Sep 27, 2010 |
| Xie Ken | President & CEO | Sale | 72,434 | $24.86 | $1,800,709 | 5,976,065 | Sep 21, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 10,000 | $24.23 | $242,300 | 7,282,347 | Sep 17, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 2,083 | $19.97 | $41,598 | — | Aug 30, 2010 |
| Whittle John | VP & General Counsel | Option Exercise | 38,750 | $2.40 | $93,000 | 38,750 | Aug 27, 2010 |
| Whittle John | VP & General Counsel | Option Exercise | 35,000 | $2.40 | $84,000 | 35,000 | Aug 25, 2010 |
| Xie Ken | President & CEO | Sale | 60,000 | $18.45 | $1,107,000 | 6,048,499 | Aug 24, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 33,000 | $17.61 | $581,130 | 7,312,000 | Aug 17, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Option Exercise | 50,000 | $7.44 | $372,000 | 50,000 | Aug 5, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 100,000 | $18.02 | $1,802,000 | — | Aug 2, 2010 |
| PAISLEY CHRISTOPHER B | — | Sale | 5,000 | $18.09 | $90,450 | — | Aug 2, 2010 |
| Xie Ken | President & CEO | Sale | 30,000 | $15.99 | $479,700 | 6,108,499 | Jul 20, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 33,000 | $15.92 | $525,360 | 7,345,000 | Jul 19, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Option Exercise | 2,083 | $7.47 | $15,560 | 2,083 | Jun 28, 2010 |
| Whittle John | VP & General Counsel | Option Exercise | 35,000 | $2.40 | $84,000 | 35,000 | Jun 25, 2010 |
| Xie Ken | President & CEO | Sale | 30,000 | $17.10 | $513,000 | 6,138,499 | Jun 22, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Option Exercise | 50,000 | $7.44 | $372,000 | 50,000 | Jun 21, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 33,000 | $16.36 | $539,880 | 7,378,000 | Jun 17, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Sale | 50,000 | $15.16 | $758,000 | — | Jun 7, 2010 |
| GOLDMAN KENNETH A | VP & Chief Financial Officer | Option Exercise | 50,000 | $7.44 | $372,000 | 50,000 | Jun 1, 2010 |
| Hara George | — | Other | 86,621 | — | — | 4,560 | May 27, 2010 |
| WALECKA JOHN L | — | Sale | 56,498 | $16.25 | $918,093 | — | May 26, 2010 |
| Xie Ken | President & CEO | Sale | 30,000 | $15.60 | $468,000 | 6,168,499 | May 25, 2010 |
| Xie Ken | President & CEO | Gift | 18,000 | — | — | 6,399,355 | May 25, 2010 |
| Whittle John | VP & General Counsel | Sale | 35,000 | $15.64 | $547,400 | — | May 25, 2010 |
| WALECKA JOHN L | — | Sale | 30,000 | $16.25 | $487,500 | 56,498 | May 21, 2010 |
| PAISLEY CHRISTOPHER B | — | Option Exercise | 5,000 | $0.95 | $4,750 | 5,000 | May 20, 2010 |
| Redpoint Ventures II, LLC | — | Other | 46,245 | — | — | 134,422 | May 17, 2010 |
| Xie Michael | VP, Engineering & CTO | Sale | 4,013 | $16.51 | $66,255 | 7,411,000 | May 17, 2010 |
| WALECKA JOHN L | — | Other | 86,498 | — | — | 86,498 | May 17, 2010 |