Filing Details
- Accession Number:
- 0001209191-23-056253
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-21 16:22:26
- Reporting Period:
- 2023-11-20
- Accepted Time:
- 2023-11-21 16:22:26
- 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 |
|---|---|---|---|---|---|---|---|
| 1590423 | Jr D William Jenkins | C/O Palo Alto Networks Inc. 3000 Tannery Way Santa Clara CA 95054 | President | 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2023-11-20 | 200 | $250.27 | 37,152 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 100 | $252.27 | 37,052 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 100 | $253.50 | 36,952 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 200 | $254.72 | 36,752 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 139 | $256.08 | 36,613 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 500 | $258.59 | 36,113 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 681 | $260.14 | 35,432 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 100 | $261.08 | 35,332 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-11-20 | 3,825 | $0.00 | 31,507 | No | 4 | D | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | D | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock | Acquisiton | 2023-11-20 | 3,825 | $0.00 | 3,825 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 136,413 | No | 4 | A | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2023.
- This sale price represents the weighted average sale price of the shares sold ranging from $250.05 to $250.49 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.
- This sale price represents the weighted average sale price of the shares sold ranging from $254.62 to $254.81 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 $255.67 to $256.24 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 $258.21 to $259.15 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 $259.71 to $260.56 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.
- In connection with the vesting of restricted stock units, the Reporting Person elected to defer these shares pursuant to the Palo Alto Networks, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan").
- Pursuant to the Deferred Compensation Plan, each share of phantom stock represents the Reporting Person's right to receive one share of common stock of the Issuer. The common stock shares will be released on or about January 31, 2027.
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