Bonanno Kathleen 4
4 · Palo Alto Networks Inc · Filed Oct 22, 2019
Insider Transaction Report
Form 4
Bonanno Kathleen
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
2019-10-20+19,128→ 48,496 total - Tax Payment
Common Stock
2019-10-20$212.61/sh−1,588$337,625→ 46,908 total
Footnotes (3)
- [F1]Each share is represented by a restricted stock unit ("RSU"). One-sixteenth (1/16th) of the shares will vest on January 20, 2020, and one-sixteenth (1/16) of the shares will vest quarterly thereafter, in each case, subject to the Reporting Person continuing to be a Service Provider through each vesting date.
- [F2]Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
- [F3]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 awards, and restricted stock units.