SEC Form 4 · accession 0001209191-16-145549
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
Oct 7, 2016
Accepted (ET)
Oct 11, 2016 · 4:03 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 StockF2,F3 | Oct 7, 2016 | S | 30,682 | $158.732 | D | 1,940,978 | D | |
| Common StockF4 | Oct 7, 2016 | S | 67,570 | $159.563 | D | 1,873,408 | D | |
| Common StockF5 | Oct 7, 2016 | S | 4,900 | $160.514 | D | 1,868,508 | D | |
| Common StockF3,F6 | holding | — | — | — | 166,683 | 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 $158.16 to $159.155 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.
- F3Reflects an annuity payment from the Zuk 2015 GRAT dated June 17, 2015 to the Reporting Person, and corrects a clerical error in a previous report.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $159.16 to $160.14 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 $160.16 to $160.84 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.
- F6Shares are held by the Zuk 2015 GRAT dated June 17, 2015, for which the Reporting Person serves as a trustee.