SEC Form 4 · accession 0001209191-16-109734
Palo Alto Networks Inc · PANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Calderoni
Director
Period of report
Mar 20, 2016
Accepted (ET)
Mar 21, 2016 · 4:06 pm EDT
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 | Mar 20, 2016 | A | 7,011 | $0.00 | A | 7,011 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each share is represented by a Restricted Stock Unit ("RSU") and a contingent right to receive one share of PANW common stock for each RSU. One-third of the RSUs will vest on March 20, 2017 and the remaining RSUs will vest in equal increments over the next two years on each quarterly anniversary thereafter, subject to the Reporting Person continuing to be a Service Provider through each such date.