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View the insiders cashing in IPO shares at Palo Alto Networks

The following key financial metrics for Palo Alto Networks are showing robust growth:

Thu, 7/19/12 - 11:59pm    View comments

Key Palo Alto Networks Financial Metrics

Source: U.S. Securities and Exchange Commission

Palo Alto NetworksCiscoCompare the above growing financial metrics of Palo Alto Networks:

Versus

The stagnating sales of Cisco's security products as shown below:

Cisco's Sales
(in millions)
Q1'FY10 Q2'FY10 Q3'FY10 Q4'FY10 Q1'FY11 Q2'FY11 Q3'FY11 Q4'FY11 Q1'FY12 Q2'FY12 Q3'FY12
Security $296 $291 $300 $415 $290 $270 $316 $324 $320 $334 $345

Source: Cisco Systems

Tomorrow will be the first day of trading on the New York Stock Exchange for the newly listed IPO shares of Palo Alto Networks, stock trading symbol (PANW). View the current stock price of Palo Alto Networks.

Obviously going forward, the key to the future success of Palo Alto Networks will be its ability to retain those employees, whom so far, have made it successful.

However getting rich, does funny things to people!

So lets view the insiders cashing in for $42 per share at Palo Alto Networks:

Name Job Title Shares
Sold
Value
of
Shares
Sold
at
$42 share
Remaining
Shares
Value
of
Remaining
Shares
at
$42 share
Percentage
Shares
Sold
vs.
Remaining
Shares
Lane Bess Past CEO 500,000 $21,000,000 1,525,000 $64,050,000 32.78%
Nir Zuk Founder CTO 350,000 $14,700,000 3,476,535 $146,014,470 10.06%
Rajiv Batra VP Engineering 202,000 $8,484,000 2,000,216 $84,009,072 10.09%
Lee Klarich VP Product Mgt 75,000 $3,150,000 727,708 $30,563,736 10.30%
Larry Link VP WW Sales 72,000 $3,024,000 719,031 $30,199,302 10.01%
Yuming Mao Founder Architect 50,000 $2,100,000 638,078 $26,799,276 7.83%
Barun Kar Sr Dir Hdw Eng 25,000 $1,050,000 285,833 $12,004,986 8.74%
Karl Driesen VP EMEA 19,500 $819,000 207,167 $8,701,014 9.41%
Huagang Xie Dir App Threat 19,000 $798,000 187,667 $7,882,014 10.12%
Anapum Bharali Distinguished Eng 17,500 $735,000 431,458 $18,121,236 4.05%
Jeff Jahr QA Director 16,000 $672,000 177,333 $7,447,986 9.02%
Mike Jacobsen Dir Product Mgt 14,812 $622,104 133,521 $5,607,882 11.09%
Rk Anabathula Principal Engineer 12,000 $504,000 172,875 $7,260,750 6.94%
Robert Munne Sr Dir Global Sales 12,000 $504,000 168,000 $7,056,000 7.14%
Wilson Xu Director Engineering 10,000 $420,000 252,292 $10,596,264 3.96%
Bill Roberson System Architect 10,000 $420,000 218,110 $9,160,620 4.58%
Brett Eldridge VP Customer Support 10,000 $420,000 137,125 $5,759,250 7.29%
S Hesarsorkh Dir App Research 10,000 $420,000 89,167 $3,745,014 11.21%
Bryan Petty SE Director 9,739 $409,038 89,319 $3,751,398 10.90%
A Verma Manager 9,000 $378,000 90,792 $3,813,264 9.91%
Kalyan Rao Engineer 8,000 $336,000 97,000 $4,074,000 8.24%
E Sallaberry Staff Engineer 8,000 $336,000 94,292 $3,960,264 8.48%
Ides Vanneuville Sr Dir SE EMEA 5,000 $210,000 99,988 $4,199,496 5.00%
Joel Mollo Reg Dir South Eur 4,739 $199,038 60,261 $2,530,962 7.86%

Source: U.S. Securities and Exchange Commission

Related documents:

Palo Alto Networks: U.S. Securities and Exchange Commission Filings

Related stories:

Unconfirmed rumor Cisco offered $2.5 billion to buy Palo Alto Networks and was turned down

Cisco's developing a next generation firewall (NGFW)

Cisco's historical financial statements confirm -$809 million discrepancy in security sales

Why did Cisco deflate its FY11 security product sales by -$382 million?

Palo Alto Networks is the culprit behind Cisco's -8.4% FY11 security sales decline

What's the biggest firewall issue for enterprises?
 


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