Klarich Lee's Form 4 filing
Palo Alto Networks Inc (PANW) · filed Feb 28, 2024
- Accession no.
- 0000950170-24-022146
- Filed
- Feb 28, 2024
- Trade date
- Feb 26, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 27 non-derivative transactions and 1 derivative transaction. Open-market sales total $38.7M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Klarich LeeCIK 0001682260 | Officer (EVP, Chief Product Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | Common Stock | MOption exerciseAcquired | +126,667 | $64.50 | +$8,170,021.5 | 324,772 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −1,200 | $287.71F2 | −$345,252 | 323,572 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −990 | $288.65F3 | −$285,763.5 | 322,582 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −850 | $289.51F4 | −$246,083.5 | 321,732 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −590 | $290.70F5 | −$171,513 | 321,142 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −250 | $291.89F6 | −$72,972.5 | 320,892 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −600 | $292.81F7 | −$175,686 | 320,292 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −1,050 | $293.82F8 | −$308,511 | 319,242 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −1,100 | $294.86F9 | −$324,346 | 318,142 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −1,600 | $295.96F10 | −$473,536 | 316,542 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −1,600 | $297.15F11 | −$475,440 | 314,942 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −2,300 | $298.09F12 | −$685,607 | 312,642 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −2,400 | $299.17F13 | −$718,008 | 310,242 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −1,722 | $300.30F14 | −$517,116.6 | 308,520 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −3,133 | $301.30F15 | −$943,972.9 | 305,387 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −8,058 | $302.54F16 | −$2,437,867.32 | 297,329 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −8,586 | $303.38F17 | −$2,604,820.68 | 288,743 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −4,239 | $304.25F18 | −$1,289,715.75 | 284,504 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −9,058 | $305.50F19 | −$2,767,219 | 275,446 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −15,673 | $306.53F20 | −$4,804,244.69 | 259,773 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −27,126 | $307.43F21 | −$8,339,346.18 | 232,647 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −9,007 | $308.27F22 | −$2,776,587.89 | 223,640 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −6,582 | $309.40F23 | −$2,036,470.8 | 217,058 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −5,893 | $310.47F24 | −$1,829,599.71 | 211,165 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −5,731 | $311.38F25 | −$1,784,518.78 | 205,434 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −5,129 | $312.45F26 | −$1,602,556.05 | 200,305 | Direct | |
| Feb 26, 2024 | Common Stock | SSaleDisposed | −2,200 | $313.14F27 | −$688,908 | 198,105 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 26, 2024 | Common Stock | MOption exerciseDisposed | −126,667 | $0.00 | $0 | 1,345,412 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This sale price represents the weighted average sale price of the shares sold ranging from $287.24 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.
Referenced by the price of 1 transaction in Table I.
- F3
This sale price represents the weighted average sale price of the shares sold ranging from $288.26 to $289.19 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.
Referenced by the price of 1 transaction in Table I.
- F4
This sale price represents the weighted average sale price of the shares sold ranging from $289.26 to $290.20 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.
Referenced by the price of 1 transaction in Table I.
- F5
This sale price represents the weighted average sale price of the shares sold ranging from $290.33 to $291.03 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.
Referenced by the price of 1 transaction in Table I.
- F6
This sale price represents the weighted average sale price of the shares sold ranging from $291.38 to $292.365 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.
Referenced by the price of 1 transaction in Table I.
- F7
This sale price represents the weighted average sale price of the shares sold ranging from $292.38 to $293.35 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.
Referenced by the price of 1 transaction in Table I.
- F8
This sale price represents the weighted average sale price of the shares sold ranging from $293.38 to $294.18 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.
Referenced by the price of 1 transaction in Table I.
- F9
This sale price represents the weighted average sale price of the shares sold ranging from $294.455 to $295.35 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.
Referenced by the price of 1 transaction in Table I.
- F10
This sale price represents the weighted average sale price of the shares sold ranging from $295.48 to $296.40 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.
Referenced by the price of 1 transaction in Table I.
- F11
This sale price represents the weighted average sale price of the shares sold ranging from $296.585 to $297.57 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.
Referenced by the price of 1 transaction in Table I.
- F12
This sale price represents the weighted average sale price of the shares sold ranging from $297.65 to $298.59 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.
Referenced by the price of 1 transaction in Table I.
- F13
This sale price represents the weighted average sale price of the shares sold ranging from $298.82 to $299.79 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.
Referenced by the price of 1 transaction in Table I.
- F14
This sale price represents the weighted average sale price of the shares sold ranging from $299.83 to $300.75 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.
Referenced by the price of 1 transaction in Table I.
- F15
This sale price represents the weighted average sale price of the shares sold ranging from $300.83 to $301.81 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.
Referenced by the price of 1 transaction in Table I.
- F16
This sale price represents the weighted average sale price of the shares sold ranging from $301.885 to $302.86 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.
Referenced by the price of 1 transaction in Table I.
- F17
This sale price represents the weighted average sale price of the shares sold ranging from $302.90 to $303.88 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.
Referenced by the price of 1 transaction in Table I.
- F18
This sale price represents the weighted average sale price of the shares sold ranging from $303.90 to $304.85 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.
Referenced by the price of 1 transaction in Table I.
- F19
This sale price represents the weighted average sale price of the shares sold ranging from $304.935 to $305.90 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.
Referenced by the price of 1 transaction in Table I.
- F20
This sale price represents the weighted average sale price of the shares sold ranging from $305.94 to $306.93 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.
Referenced by the price of 1 transaction in Table I.
- F21
This sale price represents the weighted average sale price of the shares sold ranging from $306.94 to $307.93 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.
Referenced by the price of 1 transaction in Table I.
- F22
This sale price represents the weighted average sale price of the shares sold ranging from $307.94 to $308.925 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.
Referenced by the price of 1 transaction in Table I.
- F23
This sale price represents the weighted average sale price of the shares sold ranging from $308.95 to $309.89 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.
Referenced by the price of 1 transaction in Table I.
- F24
This sale price represents the weighted average sale price of the shares sold ranging from $309.95 to $310.93 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.
Referenced by the price of 1 transaction in Table I.
- F25
This sale price represents the weighted average sale price of the shares sold ranging from $310.955 to $311.95 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.
Referenced by the price of 1 transaction in Table I.
- F26
This sale price represents the weighted average sale price of the shares sold ranging from $311.965 to $312.95 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.
Referenced by the price of 1 transaction in Table I.
- F27
This sale price represents the weighted average sale price of the shares sold ranging from $312.98 to $313.50 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.
Referenced by the price of 1 transaction in Table I.