0001209191-23-053354.txt : 20231023 0001209191-23-053354.hdr.sgml : 20231023 20231023173901 ACCESSION NUMBER: 0001209191-23-053354 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231018 FILED AS OF DATE: 20231023 DATE AS OF CHANGE: 20231023 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: 231340703 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 X0508 4 2023-10-18 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 2023-10-18 4 A 0 70484 0.00 A 227697 D Common Stock 2023-10-20 4 F 0 42480 253.13 D 185217 D Common Stock 420000 I See footnote Each share is represented by a performance-based restricted stock unit ("PSU"). The number of shares acquired represents the achievement of performance conditions, as certified by the Issuer's Compensation Committee on October 18, 2023, with respect to PSUs granted to the Reporting Person on August 20, 2021. The PSUs vest on October 20, 2023, subject to the Reporting Person continuing to be a Service Provider through that vesting date. This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported PSUs and PSUs reported in the transaction line above. Shares are held by the Lee and Susan Klarich 2005 Trust dtd 12/05/2005, for which the Reporting Person and his spouse serve as trustees. /s/ Elizabeth Villalobos, Attorney-in-Fact for Lee Klarich 2023-10-23