1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: During the three months ended January 31, 2022, we issued a total of 8,672 shares of our unregistered common stock pursuant to post-closing obligations in connection with our previous acquisitions of Aporeto Inc., the Crypsis Group and Gamma Networks, Inc.
+Added: During the three months ended April 30, 2022, we issued a total of 12,361 shares of our unregistered common stock pursuant to post-closing obligations in connection with our previous acquisitions of Bridgecrew Inc., The Crypsis Group and Gamma Networks, Inc.
(the “Transactions”).
2 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: The following table summarizes stock repurchases during the three months ended January 31, 2022 (in millions, except per share amounts):
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
−Removed: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: November 1, 2021 to November 30, 2021 — $ — — $ 1,000.0
−Removed: December 1, 2021 to December 31, 2021 (2)
−Removed: 1.0 $ 533.71 1.0 $ 450.0
−Removed: January 1, 2022 to January 31, 2022 (2)
−Removed: 0.0 $ 519.67 — $ 450.0
−Removed: Total 1.0 $ 533.63 1.0
−Removed: _______________________
On February 26, 2019, we announced that our board of directors authorized a $1.0 billion share repurchase program, which is funded from available working capital.
3 unchanged sentences
Repurchases under our program are to be made at management’s discretion on the open market, through privately negotiated transactions, transactions structured through investment banking institutions, block purchase techniques, 10b5-1 trading plans, or a combination of the foregoing.
−Removed: (2) Includes shares of restricted common stock delivered by certain employees upon vesting of equity awards to satisfy tax withholding requirements.
−Removed: The number of shares delivered by these employees to satisfy tax withholding requirements during the period was not significant.
+Added: During the three months ended April 30, 2022, we did not repurchase any shares pursuant to our share repurchase program.
+Added: As of April 30, 2022, $450.0 million remained available for future share repurchases under the program.
+Added: Between March 1, 2022 and March 31, 2022 and April 1, 2022 and April 30, 2022, shares of restricted stock were delivered by certain employees upon vesting of equity awards to satisfy tax withholding requirements.
+Added: The average value of shares delivered to satisfy tax withholding requirements during these periods were $564.22 per share and $628.56 per share, respectively.
+Added: The number of shares delivered to satisfy tax withholding requirements during these periods was not significant.
Table of Content
2 unchanged sentences
Exhibit Filing Date
−Removed: 2021 Equity Incentive Plan and related form agreements under 2021 Equity Incentive Plan, as amended.
−Removed: S-8 333-261697 99.1 December 16, 2021
−Removed: 2021 Equity Incentive Plan Form of Global Stock Option Award Agreement S-8 333-261697 99.2 December 16, 2021
−Removed: 2021 Equity Incentive Plan Form of Global Restricted Stock Unit Award Agreement S-8 333-261697 99.3 December 16, 2021
−Removed: Outside Director Compensation Policy, as amended
−Removed: Second Addendum to Employment Offer Letter by and between the Registrant and Amit Singh, dated January 28, 2022
+Added: Addendum to Employment Offer Letter by and between the Registrant and Dipak Golechha, dated February 16, 2022.
+Added: Addendum to Employment Offer Letter by and between the Registrant and William Jenkins, dated February 18, 2022.
+Added: Continued Service Policy.
Certification of the Chief Executive Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002.
4 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101 The following financial information from Palo Alto Networks, Inc.’s Quarterly Report on Form 10-Q for the three months ended January 31, 2022 formatted in Inline XBRL includes:
+Added: 101 The following financial information from Palo Alto Networks, Inc.’s Quarterly Report on Form 10-Q for the three months ended April 30, 2022 formatted in Inline XBRL includes:
(i) Condensed Consolidated Balance Sheets, (ii) Condensed Consolidated Statements of Operations, (iii) Condensed Consolidated Statements of Comprehensive Loss, (iv) Condensed Consolidated Statements of Stockholders’ Equity, (v) Condensed Consolidated Statements of Cash Flows, and (vi) Notes to the Condensed Consolidated Financial Statements.
5 unchanged sentences
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
−Removed: February 22, 2022
PALO ALTO NETWORKS, INC.
3 unchanged sentences
(Duly Authorized Officer and Principal Financial Officer)
−Removed: February 22, 2022
PALO ALTO NETWORKS, INC.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.