SEC Form 4 · accession 0001209191-18-004873
Palo Alto Networks Inc · PANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee Klarich
Officer — EVP, Chief Product Officer
Period of report
Jan 20, 2018
Accepted (ET)
Jan 23, 2018 · 4:07 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 Stock | Nov 30, 2017 | G | 2,000 | $0.00 | D | 420,579 | D | |
| Common Stock | Jan 20, 2018 | F | 949 | $157.22 | D | 419,630 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock awards, performance-based restricted stock awards, and restricted stock units.