Filing Details
- Accession Number:
- 0001181431-13-063072
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-12-17 16:04:54
- Reporting Period:
- 2013-12-13
- Filing Date:
- 2013-12-17
- Accepted Time:
- 2013-12-17 16:04:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1327567 | Palo Alto Networks Inc | PANW | Computer Peripheral Equipment, Nec (3577) | 202530195 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1197637 | J Daniel Warmenhoven | C/O Palo Alto Networks Inc. 3300 Olcott Street Santa Clara CA 95054 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-12-13 | 5,000 | $15.50 | 7,636 | No | 4 | M | Indirect | See footnote |
| Common Stock | Disposition | 2013-12-13 | 5,000 | $52.13 | 2,636 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | See footnote |
| No | 4 | S | Indirect | See footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-12-13 | 5,000 | $0.00 | 5,000 | $15.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 105,500 | 2022-03-05 | No | 4 | M | Direct |
Footnotes
- Exercised shares issued to trust.
- Shares held directly by The Warmenhoven 1987 Revocable Trust U/T/D 12/16/1987 for which the Reporting Person serves as trustee.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 8, 2013.
- This sale price represents the weighted average sale price of the shares sold ranging from $52.00 to $52.3343 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.
- One-fourth (1/4) of the shares subject to the option vested on March 6, 2013 and one forty-eighth (1/48) of the shares vest monthly thereafter.
Billionaire Hedge Funds
