0001181431-14-016700.txt : 20140422
0001181431-14-016700.hdr.sgml : 20140422
20140422190224
ACCESSION NUMBER: 0001181431-14-016700
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140420
FILED AS OF DATE: 20140422
DATE AS OF CHANGE: 20140422
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Palo Alto Networks Inc
CENTRAL INDEX KEY: 0001327567
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
IRS NUMBER: 202530195
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0731
BUSINESS ADDRESS:
STREET 1: 4401 GREAT AMERICA PARKWAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
BUSINESS PHONE: 408-753-4000
MAIL ADDRESS:
STREET 1: 4401 GREAT AMERICA PARKWAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Xu Haoying (Wilson)
CENTRAL INDEX KEY: 0001603784
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35594
FILM NUMBER: 14777197
MAIL ADDRESS:
STREET 1: 4401 GREAT AMERICA PKWY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
FORMER NAME:
FORMER CONFORMED NAME: Xu Wilson
DATE OF NAME CHANGE: 20140326
4
1
rrd407690.xml
FORM 4
X0306
4
2014-04-20
0
0001327567
Palo Alto Networks Inc
PANW
0001603784
Xu Haoying (Wilson)
C/O PALO ALTO NETWORKS, INC.
4401 GREAT AMERICA PKWY
SANTA CLARA
CA
95054
0
1
0
0
SVP, Engineering
Common Stock
2014-04-20
4
A
0
20000
0
A
133988
D
Common Stock
2014-04-22
4
S
0
380
67.7992
D
133608
D
Common Stock
2014-04-21
4
M
0
8348
0.64
A
87348
I
See footnote
Common Stock
2014-04-21
4
M
0
5704
3.62
A
93052
I
See footnote
Employee Stock Option (right to buy)
0.64
2014-04-21
4
M
0
8348
0
D
2020-01-08
Common Stock
8348
0
D
Employee Stock Option (right to buy)
3.62
2014-04-21
4
M
0
5704
0
D
2011-12-10
2020-12-10
Common Stock
5704
9448
D
Each restricted stock unit represents a contingent right to receive one share of PANW common stock. One-third of the restricted stock units will vest on April 20, 2015 and the remaining restricted stock units will vest quarterly thereafter in equal increments over the next two years.
Represents the number of shares sold upon vesting of restricted stock awards to cover tax withholding obligations.
This sale price represents the weighted average sale price of the shares sold ranging from $67.51 to $67.80 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.
Exercised shares issued to trust.
The reported securities are held of record by the Xu/Chen Family Trust U/A DTD 06/18/2013, for which the Reporting Person and his spouse serve as co-trustees.
The shares subject to the option were fully vested and exercisable.
One-fourth (1/4) of the shares subject to the option vested on the first anniversary of the grant date and one forty-eighth (1/48) of the shares vest monthly thereafter, provided that the Reporting Person continues to serve through each vesting date.
/s/ Jeff True, Attorney in-Fact for Haoying (Wilson) Xu
2014-04-22