0001209191-23-041556.txt : 20230706 0001209191-23-041556.hdr.sgml : 20230706 20230706163629 ACCESSION NUMBER: 0001209191-23-041556 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230703 FILED AS OF DATE: 20230706 DATE AS OF CHANGE: 20230706 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Klarich Lee CENTRAL INDEX KEY: 0001682260 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35594 FILM NUMBER: 231074080 MAIL ADDRESS: STREET 1: 4401 GREAT AMERICA PKWY 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 2023-07-03 0 0001327567 Palo Alto Networks Inc PANW 0001682260 Klarich Lee C/O PALO ALTO NETWORKS INC. 3000 TANNERY WAY SANTA CLARA CA 95054 0 1 0 0 EVP, Chief Product Officer 0 Common Stock 2023-07-03 4 M 0 45000 64.5033 A 230212 D Common Stock 2023-07-03 4 S 0 8600 253.144 D 221612 D Common Stock 2023-07-03 4 S 0 24876 254.06 D 196736 D Common Stock 2023-07-03 4 S 0 11524 254.847 D 185212 D Common Stock 420000 I See footnote Stock Option (right to buy) 64.5033 2023-07-03 4 M 0 45000 0.00 D 2028-10-20 Common Stock 45000 1742079 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 20, 2022. This sale price represents the weighted average sale price of the shares sold ranging from $252.54 to $253.53 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 $253.54 to $254.535 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 $254.54 to $255.385 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 Lee and Susan Klarich 2005 Trust dtd 12/05/2005 (the "Trust"), for which the Reporting Person and his spouse serve as trustees. Although previously reported in the total shares held directly by the Reporting Person, these shares are held indirectly through the Trust. The shares subject to the option are fully vested and exercisable. /s/ Elizabeth Villalobos, Attorney-in-Fact for Lee Klarich 2023-07-06