0001209191-23-035385.txt : 20230608
0001209191-23-035385.hdr.sgml : 20230608
20230608161907
ACCESSION NUMBER: 0001209191-23-035385
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230606
FILED AS OF DATE: 20230608
DATE AS OF CHANGE: 20230608
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Arora Nikesh
CENTRAL INDEX KEY: 0001468233
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35594
FILM NUMBER: 231002164
MAIL ADDRESS:
STREET 1: 3000 TANNERY WAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
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: 3000 TANNERY WAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
BUSINESS PHONE: 408-753-4000
MAIL ADDRESS:
STREET 1: 3000 TANNERY WAY
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-06-06
0
0001327567
Palo Alto Networks Inc
PANW
0001468233
Arora Nikesh
C/O PALO ALTO NETWORKS INC.
3000 TANNERY WAY
SANTA CLARA
CA
95054
1
1
0
0
Chief Executive Officer
0
Common Stock
2023-06-06
4
S
0
17134
225.079
D
1075825
D
Common Stock
2023-06-06
4
S
0
2535
226.106
D
1073290
D
Common Stock
2023-06-07
4
M
0
474300
66.1667
A
1547590
D
Common Stock
2023-06-07
4
S
0
109613
216.595
D
1437977
D
Common Stock
2023-06-07
4
S
0
26608
217.857
D
1411369
D
Common Stock
2023-06-07
4
S
0
110595
218.682
D
1300774
D
Common Stock
2023-06-07
4
S
0
118668
219.735
D
1182106
D
Common Stock
2023-06-07
4
S
0
104366
220.773
D
1077740
D
Common Stock
2023-06-07
4
S
0
26487
221.554
D
1051253
D
Common Stock
2023-06-07
4
S
0
33832
225.246
D
1017421
D
Common Stock
2023-06-07
4
D
0
21279
0.00
D
996142
D
Common Stock
16005
I
See footnote
Stock Option (right to buy)
66.1667
2023-06-07
4
M
0
474300
0.00
D
2025-12-07
Common Stock
474300
3000000
D
Phantom Stock
2023-06-07
4
A
0
21279
A
Common Stock
21279
191439
D
This sale price represents the weighted average sale price of the shares sold ranging from $225.00 to $225.10 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 $226.00 to $226.30 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 $216.25 to $217.245 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 $217.26 to $218.25 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 $218.26 to $219.25 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 $219.26 to $220.255 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 $220.26 to $221.255 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 $221.26 to $221.97 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 $225.00 to $225.84 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 previously reported 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").
Shares are held by Bacchey Investments L.P., of which Bacchey Management LLC (the "LLC") is the General Partner. The Reporting Person is the manager of the LLC. The sole member of the LLC is the Aurora Trust, for which the Reporting Person serves as a trustee.
The shares subject to the option are fully vested and exercisable.
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.
/s/ Mary Shimizu, Attorney-in-Fact for Nikesh Arora
2023-06-08