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