X0303 4 2010-02-24 0 0001093885 SONICWALL INC SNWL 0001229074 MEDEIROS MATTHEW 2001 LOGIC DRIVE SAN JOSE CA 95124 1 1 0 0 President & CEO Common Stock 2010-02-24 4 M 0 10000 3.38 A 181874 D Common Stock 2010-02-24 4 S 0 10000 8.0279 D 171874 D Common Stock 2010-02-25 4 M 0 15000 3.38 A 186874 D Common Stock 2010-02-25 4 S 0 15000 8.00 D 171874 D Common Stock 2010-02-26 4 M 0 15000 3.38 A 186874 D Common Stock 2010-02-26 4 S 0 15000 8.0025 D 171874 D Employee Stock Option (Right to buy) 3.38 2010-02-24 4 M 0 10000 0 D 2013-03-17 Common Stock 10000 2139460 D Employee Stock Option (Right to buy) 3.38 2010-02-25 4 M 0 15000 0 D 2013-03-17 Common Stock 15000 2124460 D Employee Stock Option (Right to buy) 3.38 2010-02-26 4 M 0 15000 0 D 2013-03-17 Common Stock 15000 2109460 D This transaction was executed pursuant to a Rule 10b5-1 trading plan that was adopted by the Reporting Person on May 14, 2009. The 10,000 shares were sold through separate trades, with the sale prices ranging from $8.01 to $8.0519, and at a weighted average sale price of $8.0279. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission (the "SEC"), the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price. The 15,000 shares were sold through separate trades, with the sale prices ranging from $8.00 to $8.04, and at a weighted average sale price of $8.0025. The Reporting Person undertakes to provide upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price. The Reporting Person exercised 10,000 shares of the 2,400,000 share option granted under the Issuer's 1998 Stock Option Plan, which 2,400,000 share option vests and becomes exercisable as to 1/4th of the shares on March 17, 2004 and as to 1/48th of the shares on each one month anniversary thereafter (the "2,400,000 Share Option"). The Reporting Person exercised 15,000 shares of the 2,400,000 Share Option. /s/ Frederick M. Gonzalez, Attorney-in-fact for Matthew Medeiros 2010-02-26