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Filing Details

Accession Number:: 0001209191-15-070962
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-09-16 16:23:09
Reporting Period:: 2015-09-14

Filing Date:: 2015-09-16
Accepted Time:: 2015-09-16 16:23:09
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
1554397	Rene Bonvanie	C/O Palo Alto Networks Inc. 4401 Great America Pkwy Santa Clara CA 95054	Chief Marketing Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-09-14	1,000	$10.77	126,013	No	4	M	Direct
Common Stock	Acquisiton	2015-09-14	2,500	$55.36	128,513	No	4	M	Direct
Common Stock	Disposition	2015-09-14	900	$175.92	127,613	No	4	S	Direct
Common Stock	Disposition	2015-09-14	1,800	$176.90	125,813	No	4	S	Direct
Common Stock	Disposition	2015-09-14	9,101	$178.12	116,712	No	4	S	Direct
Common Stock	Disposition	2015-09-14	5,729	$178.78	110,983	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2015-09-14	1,000	$0.00	1,000	$10.77
Common Stock	Employee Stock Option (right to buy)	Disposition	2015-09-14	2,500	$0.00	2,500	$55.36

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
667		2021-09-29	No	4	M	Direct
3,750		2023-01-20	No	4	M	Direct

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
This sale price represents the weighted average sale price of the shares sold ranging from $175.32 to $176.28 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.
This sale price represents the weighted average sale price of the shares sold ranging from $176.50 to $177.28 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.
This sale price represents the weighted average sale price of the shares sold ranging from $177.50 to $178.48 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.
This sale price represents the weighted average sale price of the shares sold ranging from $178.50 to $179.49 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 September 30, 2012 and one forty-eighth (1/48) of the shares vest monthly thereafter.
One-third (1/3) of the shares subject to the option vested on January 21, 2014 and one-twelfth (1/12) of the shares subject to the option vest quarterly thereafter.