SEC Form 4 · accession 0001209191-18-023576
Palo Alto Networks Inc · PANW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D McLaughlin
Officer — Chief Executive Officer · Director
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 4:01 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 | Apr 2, 2018 | S | 2,930 | $178.413 | D | 122,070 | I | See footnote |
| Common StockF4,F3 | Apr 2, 2018 | S | 8,230 | $179.086 | D | 113,840 | I | See footnote |
| Common StockF5,F3 | Apr 2, 2018 | S | 3,278 | $180.008 | D | 110,562 | I | See footnote |
| Common StockF6,F3 | Apr 2, 2018 | S | 562 | $180.888 | D | 110,000 | I | See footnote |
| Common StockF2,F7 | Apr 2, 2018 | S | 3,983 | $178.411 | D | 21,017 | I | See footnote |
| Common StockF4,F7 | Apr 2, 2018 | S | 13,154 | $179.168 | D | 7,863 | I | See footnote |
| Common StockF5,F7 | Apr 2, 2018 | S | 5,425 | $180.048 | D | 2,438 | I | See footnote |
| Common StockF8,F7 | Apr 2, 2018 | S | 2,438 | $180.93 | D | 0 | I | See footnote |
| Common Stock | holding | — | — | — | 296,450 | D |
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 $177.67 to $178.65 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.
- F3Shares are held by the McLaughlin GRAT I, for which the Reporting Person serves as a trustee.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $178.67 to $179.65 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 $179.67 to $180.61 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.
- F6This sale price represents the weighted average sale price of the shares sold ranging from $180.68 to $180.29 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.
- F7Shares are held by the McLaughlin GRAT II, for which the Reporting Person serves as a trustee.
- F8This sale price represents the weighted average sale price of the shares sold ranging from $180.68 to $181.535 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.