SEC Form 4 · accession 0001209191-15-082244
Palo Alto Networks Inc · PANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Anderson
Officer — EVP of WW Field Ops
Period of report
Nov 23, 2015
Accepted (ET)
Nov 25, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327567
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 23, 2015 | S | 9,118 | $170.588 | D | 307,978 | D | |
| Common StockF3 | Nov 24, 2015 | S | 700 | $179.643 | D | 307,278 | D | |
| Common StockF4 | Nov 24, 2015 | S | 1,693 | $180.39 | D | 305,585 | D | |
| Common StockF5 | Nov 24, 2015 | S | 850 | $181.863 | D | 304,735 | D | |
| Common StockF6 | Nov 24, 2015 | S | 3,455 | $182.79 | D | 301,280 | D | |
| Common StockF7 | Nov 24, 2015 | S | 3,158 | $183.79 | D | 298,122 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares sold upon vesting of restricted stock units to cover tax withholding obligations.
- F2The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $179.00 to $179.90 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 range set forth in this Form 4.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $180.00 to $180.99 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 range set forth in this Form 4.
- F5This sale price represents the weighted average sale price of the shares sold ranging from $181.26 to $182.24 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 range set forth in this Form 4.
- F6This sale price represents the weighted average sale price of the shares sold ranging from $182.26 to $183.25 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 range set forth in this Form 4.
- F7This sale price represents the weighted average sale price of the shares sold ranging from $183.47 to $184.39 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 range set forth in this Form 4.