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