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PANW Palo Alto Networks Inc

296.3999
1.08 (0.37%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Palo Alto Networks Inc NASDAQ:PANW NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.08 0.37% 296.3999 295.70 296.40 297.49 290.37 293.695 3,438,976 01:00:00

Statement of Changes in Beneficial Ownership (4)

05/12/2019 10:26pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ZUK NIR
2. Issuer Name and Ticker or Trading Symbol

Palo Alto Networks Inc [ PANW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP, Chief Technology Officer
(Last)          (First)          (Middle)

C/O PALO ALTO NETWORKS INC., 3000 TANNERY WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

12/4/2019
(Street)

SANTA CLARA, CA 95054
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/4/2019  S  6094 (1)D$226.188 (2)882452 D  
Common Stock 12/4/2019  S  3210 (1)D$227.157 (3)879242 D  
Common Stock 12/4/2019  S  532 (1)D$227.932 (4)878710 D  
Common Stock 12/4/2019  S  2164 (1)D$229.157 (5)876546 D  
Common Stock         44976 I See footnote (6)
Common Stock         209077 I See footnote (7)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
(2) This sale price represents the weighted average sale price of the shares sold ranging from $225.605 to $226.60 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.
(3) This sale price represents the weighted average sale price of the shares sold ranging from $226.635 to $227.605 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.
(4) This sale price represents the weighted average sale price of the shares sold ranging from $227.64 to $228.34 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.
(5) This sale price represents the weighted average sale price of the shares sold ranging from $228.74 to $229.48 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.
(6) Shares are held by the Zuk 2015 GRAT dated June 17, 2015, for which the Reporting Person serves as a trustee.
(7) Shares are held by the Zuk 2017 GRAT dates March 29, 2017, for which the Reporting Person serves as a trustee.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ZUK NIR
C/O PALO ALTO NETWORKS INC.
3000 TANNERY WAY
SANTA CLARA, CA 95054
X
EVP, Chief Technology Officer

Signatures
/s/ Jeff True, Attorney-in-Fact for Nir Zuk12/5/2019
**Signature of Reporting PersonDate

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