Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GOLDMAN KENNETH A
  2. Issuer Name and Ticker or Trading Symbol
FORTINET INC [FTNT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP & Chief Financial Officer
(Last)
(First)
(Middle)
C/O FORTINET, INC., 1090 KIFER ROAD
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2011
(Street)

SUNNYVALE, CA 94086
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01/2011   M   22,000 A $ 3.72 22,000 D  
Common Stock 08/01/2011   M   6,000 A $ 8.43 28,000 D  
Common Stock 08/01/2011   S(1)   28,000 D $ 20.1822 (2) 0 D  
Common Stock 08/01/2011   M   4,000 A $ 3.735 4,000 I See footnote (3)
Common Stock 08/01/2011   S(4)   4,000 D $ 21.1866 (5) 0 I See footnote (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 3.72 08/01/2011   M     22,000   (6) 09/20/2017 Common Stock 22,000 $ 0 44,120 D  
Employee Stock Option (right to buy) $ 8.43 08/01/2011   M     6,000   (7) 02/10/2017 Common Stock 6,000 $ 0 68,000 D  
Employee Stock Option (right to buy) $ 3.735 08/01/2011   M     4,000   (8) 01/28/2016 Common Stock 4,000 $ 0 76,000 I See footnote (5)
Employee Stock Option (right to buy) $ 20.13 08/02/2011   A   50,000     (9) 08/02/2018 Common Stock 50,000 $ 0 50,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GOLDMAN KENNETH A
C/O FORTINET, INC.
1090 KIFER ROAD
SUNNYVALE, CA 94086
      VP & Chief Financial Officer  

Signatures

 /s/ John Whittle, by power of attorney   08/03/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The sale reported on this Form 4 was effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person on August 27, 2010 and February 28, 2011.
(2) The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $19.92 to $20.665 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) and (5) to this Form 4.
(3) The securities are held directly by G.V. Partners, L.P. for which the Reporting Person serves as the managing member.
(4) The sale reported on this Form 4 was effected pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on November 22, 2010.
(5) The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $19.96 to $20.665 per share.
(6) One forty-eighth of the shares subject to the option vested on October 20, 2007 and one forty-eighth of the shares shall vest monthly thereafter.
(7) One-fourth of the shares subject to the option vested on February 10, 2011 and one forty-eighth of the shares shall vest monthly thereafter.
(8) One-fourth of the shares subject to the option vested on January 28, 2010 and one forty-eighth of the shares shall vest monthly thereafter.
(9) One-fourth of the shares subject to the option vest on August 2, 2012 and one forty-eighth of the shares shall vest monthly thereafter.

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