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Filing Details

Accession Number:: 0001209191-19-044298
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-08-02 16:55:17
Reporting Period:: 2019-07-31

Accepted Time:: 2019-08-02 16:55:17
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1327567	Palo Alto Networks Inc	PANW	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1250333	Nir Zuk	C/O Palo Alto Networks Inc. 3000 Tannery Way Santa Clara CA 95054	Evp, Chief Technology Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2019-07-31	11,035	$0.00	926,861	No	4	A	Direct
Common Stock	Acquisiton	2019-07-31	11,035	$0.00	937,896	No	4	A	Direct
Common Stock	Acquisiton	2019-07-31	534	$0.00	938,430	No	4	A	Direct
Common Stock	Disposition	2019-08-01	1,300	$224.76	937,130	No	4	S	Direct
Common Stock	Disposition	2019-08-01	2,587	$225.52	934,543	No	4	S	Direct
Common Stock	Disposition	2019-08-01	3,800	$226.82	930,743	No	4	S	Direct
Common Stock	Disposition	2019-08-01	2,606	$227.82	928,137	No	4	S	Direct
Common Stock	Disposition	2019-08-01	1,607	$228.65	926,530	No	4	S	Direct
Common Stock	Disposition	2019-08-01	100	$229.41	926,430	No	4	S	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	209,077	Indirect	See footnote
Common Stock	44,976	Indirect	See footnote

Footnotes

Each share is represented by a restricted stock unit ("RSU"). One-twelfth (1/12) of the shares shall vest on January 20, 2020 and one-twelfth (1/12) of the shares shall vest quarterly thereafter, in each case, 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 75% to 100% of one-third (1/3) the total target award amount each year based on the achievement, if any, of the performance criteria at the end of each annual performance period over a three year period. The actual award earned shall be determined upon certification by the Issuer's Compensation Committee. If earned, the eligible PSUs from each performance period will vest on each of October 20, 2020, October 20, 2021, and October 20, 2022, subject to the Reporting Person continuing to be a Service Provider through each vesting date.
Each share is represented by an RSU. One-fourth (1/4) of the RSUs will vest quarterly over a one year period, subject to the Reporting Person continuing to be a Service Provider through each vesting date.
These shares were sold 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 $224.21 to $225.12 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 $225.22 to $225.91 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 $226.38 to $227.36 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 $227.40 to $228.38 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 $228.41 to $229.24 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.
Shares are held by the Zuk 2017 GRAT dates March 29, 2017, for which the Reporting Person serves as a trustee.
Shares are held by the Zuk 2015 GRAT dated June 17, 2015, for which the Reporting Person serves as a trustee.