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
Source: U.S. Securities and Exchange Commission
Compare 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?
What's your take?
Subscribe to Bloggers speak out on BradReese.Com
IronPort Systems financial statements prior to acquisition by Cisco
Flip video financial statements prior to acquisition by Cisco
Cisco has acquired Virtuata, a security startup cofounded by Meru Networks cofounder Joe Epstein
Cisco gold partner with history of SMARTnet fraud awarded new $578 million Cisco SMARTnet contract by U.S. Army
Cisco's customers are being sued for using Cisco's products
Is Cisco getting ready to close Linksys and announce more layoffs?
Cisco CEO John Chambers is selling 2.15 million shares of Cisco stock
The unique NSEL elements of the Cisco ASA firewall - Mike Patterson
Brilliant appointment of Padmasree Warrior as Cisco's new chief strategy officer
Rumor that Cisco SVP and top collaboration executive, Barry O'Sullivan, will be leaving soon
Cloud networking comparison: Arista Networks' Douglas Gourlay vs. Cisco's Padmasree Warrior
The technical details on Alcatel-Lucent's $40 million win over Cisco - Jean-Luc Ronarch
SolarWinds Orion vs. Scrutinizer from Plixer - Mike Patterson
The best Reese's Peanut Butter Cups video
Pronouncements of John Chambers before discontinuance of the Cisco Cius tablet
100% of Cisco's $550 million in Q3'FY12 stock buybacks supported John Chambers' dilutive management compensation practices
Alcatel-Lucent 7950 XRS pounds stake into Cisco's core router heart
Did Cisco's new sales culture ripoff the State of West Virginia?
For a fee, it appears Cisco's top executives will sign autographs and make an appearance
View the archive of Bloggers speak out on BradReese.Com
Please enable JavaScript to view the comments powered by Disqus.
blog comments powered by