Form 4 for PANW Palo Alto Networks

Accepted 2021-10-18 00:00:00 ET · period of report 2021-10-14 · accession 0001209191-21-060735 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2021-10-18	2021-10-14	PANW	Arora Nikesh	CEO, Dir	A - Grant	$0.00	+85.1K	576.2K	+17%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-10-14	A	A	85,071	$0.00	576,205	D	—	—	(F1) Each share is represented by a performance-based restricted stock unit (PSU). The number of shares reported is the above-target achievement, as certified by the Issuer's Compensation Committee on October 14, 2021, over the target award amount reported in the Reporting Person's Form 4 that was filed with the SEC on October 20, 2020. These PSUs will vest as follows: Fifteen percent (15%) of the shares shall vest in equal quarterly increments during year two with the first vesting on January 20, 2022; forty-two and a half percent (42.5%) of the shares shall vest in equal quarterly increments during year three; and forty-two and a half percent (42.5%) of the shares shall vest in equal quarterly increments during year four, subject tot he Report Person continuing to be a Service Provider each vesting date.