Home > Insider Trading > Filing (0001209191-17-062628)

Filing Details

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
1723042	Kathleen Bonanno	C/O Palo Alto Networks Inc. 3000 Tannery Way Santa Clara CA 95054	Evp, Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2017-11-22	11,968	$0.00	38,716	No	4	A	Direct
Common Stock	Acquisiton	2017-11-22	11,968	$0.00	50,684	No	4	A	Direct
Common Stock	Disposition	2017-11-27	2,831	$150.68	47,853	No	4	S	Direct

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

Footnotes

Each share is represented by a restricted stock unit ("RSU"). One-sixteenth (1/16th) of the RSUs will vest on January 20, 2018 and one-sixteenth (1/16) of the RSUs will vest quarterly thereafter, subject to the Reporting Person continuing to be a Service Provider through each vesting date.
Each share is represented by a performance-based restricted stock unit ("PSU"). The number of shares reported is at the target award amount. The Reporting Person may potentially earn from 50% to 120% of the target based on the achievement, if any, of the performance criteria at the end of the performance period. The actual award earned shall be determined upon certification by the Issuer's Compensation Committee. If earned, the eligible PSUs would vest according to the vesting schedule set forth above in footnote (1).
This sale price represents the weighted average sale price of the shares sold ranging from $150.6178 to $150.684 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.