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Palo Alto Networks | 4: Statement of changes in beneficial ownership of securities-Officer Klarich Lee

SEC announcement ·  Apr 10 04:31
Summary by Futu AI
Palo Alto Networks' EVP, Chief Product Officer, Klarich Lee, completed a sale of 60,000 shares of common stock on April 5, 2024. The transactions were executed in a series of open market sales at prices ranging from $265.872 to $269.436 per share, resulting in a total market value of $16,082,452.82. Prior to the sales, Lee acquired the same number of shares through the exercise of derivative securities at a price of $64.5033 per share. Following the transactions, Lee's direct holdings in the company amount to 174,075 shares of common stock. Additionally, Lee holds an indirect interest in 400,000 shares, the nature of which is detailed in a footnote.
Palo Alto Networks' EVP, Chief Product Officer, Klarich Lee, completed a sale of 60,000 shares of common stock on April 5, 2024. The transactions were executed in a series of open market sales at prices ranging from $265.872 to $269.436 per share, resulting in a total market value of $16,082,452.82. Prior to the sales, Lee acquired the same number of shares through the exercise of derivative securities at a price of $64.5033 per share. Following the transactions, Lee's direct holdings in the company amount to 174,075 shares of common stock. Additionally, Lee holds an indirect interest in 400,000 shares, the nature of which is detailed in a footnote.

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