SEC Form 4 · accession 0001209191-16-090948
Palo Alto Networks Inc · PANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nir Zuk
Officer — CTO · Director
Period of report
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 4:13 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 StockF2 | Jan 8, 2016 | S | 2,950 | $163.375 | D | 2,187,485 | D | |
| Common StockF3 | Jan 8, 2016 | S | 7,450 | $164.297 | D | 2,180,035 | D | |
| Common StockF4 | Jan 8, 2016 | S | 11,500 | $165.24 | D | 2,168,535 | D | |
| Common StockF5 | Jan 8, 2016 | S | 7,900 | $166.225 | D | 2,160,635 | D | |
| Common Stock | Jan 8, 2016 | S | 200 | $166.75 | D | 2,160,435 | D | |
| Common StockF6 | Jan 11, 2016 | S | 1,810 | $163.02 | D | 2,158,625 | D | |
| Common StockF7 | holding | — | — | — | 250,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $162.69 to $163.67 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.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $163.70 to $164.69 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 $164.715 to $165.71 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 $165.75 to $166.74 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.
- F6Represents the number of shares sold upon vesting of restricted stock to cover tax withholding obligations.
- F7Shares are held by the Zuk 2015 GRAT dated June 17, 2015, for which the Reporting Person serves as a trustee.