SEC Form 4 · accession 0001209191-18-050638
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
Sep 10, 2018
Accepted (ET)
Sep 12, 2018 · 4:20 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 | Sep 10, 2018 | S | 600 | $229.843 | D | 362,439 | D | |
| Common StockF4 | Sep 10, 2018 | S | 1,300 | $231.172 | D | 361,139 | D | |
| Common StockF5 | Sep 10, 2018 | S | 6,100 | $232.265 | D | 355,039 | 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 $229.39 to $230.08 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.
- F3This number reflects an adjustment to the Reporting Person's total holdings due to a transfer that was inadvertently reported twice.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $230.63 to $231.50 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 $231.70 to $232.55 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.