SEC Form 4 · accession 0001209191-16-114103
Palo Alto Networks Inc · PANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Asheem Chandna
Director
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 4:07 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,F2 | Apr 11, 2016 | S | 7,079 | $140.252 | D | 111,953 | I | See footnote |
| Common StockF3,F2 | Apr 11, 2016 | S | 2,202 | $141.289 | D | 109,751 | I | See footnote |
| Common StockF4,F2 | Apr 11, 2016 | S | 5,519 | $142.467 | D | 104,232 | I | See footnote |
| Common StockF5,F2 | Apr 11, 2016 | S | 200 | $142.995 | D | 104,032 | I | See footnote |
| Common Stock | holding | — | — | — | 1,870 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale price represents the weighted average sale price of the shares sold ranging from $139.81 to $140.78 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.
- F2The reported securities are held of record by the Chandna Family Revocable Trust DTD 4/13/98 for which the Reporting Person serves as a trustee.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $140.83 to $141.62 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 $141.93 to $142.86 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 $142.96 to $143.03 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.