X0306
4
2017-10-10
0
0001327567
Palo Alto Networks Inc
PANW
0001309507
MCLAUGHLIN MARK D
C/O PALO ALTO NETWORKS INC.
3000 TANNERY WAY
SANTA CLARA
CA
95054
1
1
0
0
Chief Executive Officer
Common Stock
2017-10-10
4
M
0
25000
10.77
A
307774
D
Common Stock
2017-10-10
4
S
0
25000
149.703
D
282774
D
Common Stock
2017-10-10
4
S
0
10000
149.697
D
65000
I
See footnote
Common Stock
125000
I
See footnote
Employee Stock Option (right to buy)
10.77
2017-10-10
4
M
0
25000
0.00
D
2021-09-29
Common Stock
25000
744935
D
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
This sale price represents the weighted average sale price of the shares sold ranging from $149.50 to $150.00 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.
Shares are held by the McLaughlin GRAT II, for which the Reporting Person serves as a trustee.
Shares are held by the McLaughlin GRAT I, for which the Reporting Person serves as a trustee.
The shares subject to the option are fully vested and exercisable.
/s/ Jeff True, Attorney-in-Fact for Mark D. McLaughlin
2017-10-12