4x12v means that i can connect 4 fans of 12v each correct? not 4 fans of 3v each (if that even exists)

It shouldn't divide voltage. It will, however, separate the amperage. Instead of being, say, 12v at 4 amps, you'll have 4 connections running 12v at 1 amp each. Mileage may vary with the exact number of amps; I just chose 4 for ease in division.

Questions & Answers: 12cm Molex 4pin LP4 to Case cooling Fan 3-pin 3 Multi-Fan Out Power Adapter Converter Cable w/ 4x12V output

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12cm Molex 4pin LP4 to Case cooling Fan 3-pin 3 Multi-Fan Out Power Adapter Converter Cable w/ 4x12V output

Molex 4pin to 4 x 3pin CPU / Case Fan splitter power cable
4x 12V output
12cm in cable length
26AWG copper conductor

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