James J. Goetz - Oct 6, 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
Director
Signature
/s/ Jung Yeon Son, by power of attorney for James J. Goetz
Stock symbol
PANW
Transactions as of
Oct 6, 2022
Transactions value $
-$26,590,811
Form type
4
Date filed
10/11/2022, 05:07 PM
Previous filing
May 16, 2022
Next filing
Dec 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale -$13.4M -76.8K -16.67% $174.77 384K Oct 6, 2022 Direct F1, F2
transaction PANW Common Stock Sale -$2.43M -14.3K -3.72% $170.34 370K Oct 7, 2022 Direct F3
transaction PANW Common Stock Sale -$8.27M -48.2K -13.04% $171.40 322K Oct 7, 2022 Direct F4
transaction PANW Common Stock Sale -$2.47M -14.3K -4.45% $172.26 307K Oct 7, 2022 Direct F5
holding PANW Common Stock 43.8K Oct 6, 2022 By The Goetz Children's Trust 4/24/1998 F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the amount of shares beneficially held following a 3-for-1 stock split effected by the Issuer on September 13, 2022, which was exempt from reporting pursuant to Rule 16a-9.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.50 to $175.13, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2),(3), (4) and (5) to this Form 4.
F3 The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $170.01 to $171.00, inclusive.
F4 The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $171.01 to $172.00, inclusive.
F5 The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $172.01 to $172.89, inclusive.
F6 Shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person may be deemed to beneficially own the shares held by The Goetz Children's Trust 4/24/1998. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.