Key facts
- This page summarizes Lee Klarich's Form 4 filing for Palo Alto Networks Inc (PANW).
- 13 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Dec 2023, 17:37.
Lee Klarich - 04 Dec 2023 Form 4 Insider Report for Palo Alto Networks Inc (PANW)
- Reporting relationship
- EVP, Chief Product Officer
- Issuer ticker
- PANW
- Reported as of
- 04 Dec 2023
- Net transaction value
- -$9,993,843
- SEC form
- 4
- Accepted by SEC
- 05 Dec 2023, 17:37:51 UTC
- Prior SEC filing
- 07 Nov 2023
- Next SEC filing
- 23 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Elizabeth Villalobos, Attorney-in-Fact for Lee Klarich
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Lee Klarich filed Form 4 for Palo Alto Networks Inc (PANW) on 05 Dec 2023.
Change
- Previous filing in this sequence was filed on 07 Nov 2023.
- Current net transaction value: -$9,993,843.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PANW
transaction
Common Stock
Options Exercise
- Transaction value
- $2,902,648
- Shares
- +45,000
- Change %
- +24%
- Price
- $64.50
- Shares after
- 230,217
- Date
- 04 Dec 2023
- Ownership
- Direct
PANW
transaction
Common Stock
Sale
- Transaction value
- $1,886,585
- Shares
- -6,650
- Change %
- -2.9%
- Price
- $283.70
- Shares after
- 223,567
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F2
PANW
transaction
Common Stock
Sale
- Transaction value
- $1,077,175
- Shares
- -3,788
- Change %
- -1.7%
- Price
- $284.36
- Shares after
- 219,779
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F3
PANW
transaction
Common Stock
Sale
- Transaction value
- $3,846,393
- Shares
- -13,468
- Change %
- -6.1%
- Price
- $285.60
- Shares after
- 206,311
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F4
PANW
transaction
Common Stock
Sale
- Transaction value
- $3,436,113
- Shares
- -11,994
- Change %
- -5.8%
- Price
- $286.49
- Shares after
- 194,317
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F5
PANW
transaction
Common Stock
Sale
- Transaction value
- $229,837
- Shares
- -800
- Change %
- -0.41%
- Price
- $287.30
- Shares after
- 193,517
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F6
PANW
transaction
Common Stock
Sale
- Transaction value
- $491,011
- Shares
- -1,700
- Change %
- -0.88%
- Price
- $288.83
- Shares after
- 191,817
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F7
PANW
transaction
Common Stock
Sale
- Transaction value
- $289,704
- Shares
- -1,000
- Change %
- -0.52%
- Price
- $289.70
- Shares after
- 190,817
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F8
PANW
transaction
Common Stock
Sale
- Transaction value
- $232,989
- Shares
- -800
- Change %
- -0.42%
- Price
- $291.24
- Shares after
- 190,017
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F9
PANW
transaction
Common Stock
Sale
- Transaction value
- $555,558
- Shares
- -1,900
- Change %
- -1%
- Price
- $292.40
- Shares after
- 188,117
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F10
PANW
transaction
Common Stock
Sale
- Transaction value
- $701,147
- Shares
- -2,390
- Change %
- -1.3%
- Price
- $293.37
- Shares after
- 185,727
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F11
PANW
transaction
Common Stock
Sale
- Transaction value
- $149,980
- Shares
- -510
- Change %
- -0.27%
- Price
- $294.08
- Shares after
- 185,217
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F12
PANW
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 420,000
- Date
- 04 Dec 2023
- Ownership
- See footnote
- Footnotes
- F13
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PANW
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -45,000
- Change %
- -2.9%
- Price
- $0.000000
- Shares after
- 1,517,079
- Date
- 04 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 45,000
- Exercise price
- $64.50
- Footnotes
- F14
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 14 footnotes
Footnote F1
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.
Footnote F2
This sale price represents the weighted average sale price of the shares sold ranging from $283.05 to $284.04 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.
Footnote F3
This sale price represents the weighted average sale price of the shares sold ranging from $284.05 to $285.04 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.
Footnote F4
This sale price represents the weighted average sale price of the shares sold ranging from $285.05 to $286.045 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.
Footnote F5
This sale price represents the weighted average sale price of the shares sold ranging from $286.05 to $287.04 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.
Footnote F6
This sale price represents the weighted average sale price of the shares sold ranging from $287.06 to $288.01 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.
Footnote F7
This sale price represents the weighted average sale price of the shares sold ranging from $288.30 to $289.18 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.
Footnote F8
This sale price represents the weighted average sale price of the shares sold ranging from $289.38 to $290.33 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.
Footnote F9
This sale price represents the weighted average sale price of the shares sold ranging from $290.69 to $291.56 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.
Footnote F10
This sale price represents the weighted average sale price of the shares sold ranging from $291.89 to $292.855 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.
Footnote F11
This sale price represents the weighted average sale price of the shares sold ranging from $292.91 to $293.88 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.
Footnote F12
This sale price represents the weighted average sale price of the shares sold ranging from $293.92 to $294.16 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.
Footnote F13
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.
Footnote F14
The shares subject to the option are fully vested and exercisable.