4//SEC Filing
BONVANIE RENE 4
Accession 0001209191-18-055910
CIK 0001327567other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 8:37 PM ET
Size
8.2 KB
Accession
0001209191-18-055910
Insider Transaction Report
Form 4
BONVANIE RENE
Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2018-10-20$193.51/sh−2,558$494,999→ 58,951 total - Award
Performance Stock Option (right to buy)
2018-10-20+419,183→ 419,183 totalExercise: $193.51Exp: 2028-10-20→ Common Stock (419,183 underlying)
Footnotes (3)
- [F1]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 performance-based restricted stock units, performance-based restricted stock awards, restricted stock units, and restricted stock awards.
- [F2]Reflects the additional above-target number of shares earned from previously reported performance-based restricted stock unit stock awards granted to the Reporting Person on October 20, 2017 that were eligible to vest based on the certified achievement of certain performance objectives.
- [F3]The shares subject to the Performance Stock Option become eligible to vest ("Eligible Option Shares") upon achievement of certain stock price targets (the "Stock Price Achievements") during applicable performance windows. To the extent that Stock Price Achievements have been met, Eligible Option Shares will vest as to 1/4 of such shares on each annual anniversary of October 20, subject to the Reporting Person continuing to be a Service Provider through each vesting date.
Documents
Issuer
Palo Alto Networks Inc
CIK 0001327567
Entity typeother
Related Parties
1- filerCIK 0001554397
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 8:37 PM ET
- Size
- 8.2 KB