Mark D. Mclaughlin - Jul 2, 2021 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
Director
Signature
/s/ Sonia Guillory, Attorney-in-Fact for Mark D. McLaughlin
Stock symbol
PANW
Transactions as of
Jul 2, 2021
Transactions value $
-$560,400
Form type
4
Date filed
7/2/2021, 06:50 PM
Previous filing
Jul 1, 2021
Next filing
Jul 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale -$329K -881 -9.79% $373.26 8.12K Jul 2, 2021 See footnote F1, F2, F3
transaction PANW Common Stock Sale -$232K -619 -7.62% $374.08 7.5K Jul 2, 2021 See footnote F1, F3, F4
holding PANW Common Stock 48.4K Jul 2, 2021 See footnote F5
holding PANW Common Stock 56.5K Jul 2, 2021 Direct

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $373.01 to $373.46 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 Shares are held by the McLaughlin 2020 Dynasty LLC for the benefit of the Reporting Person's children, for which the Reporting Person serves as a Manager.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $374.03 to $374.50 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F5 Shares are held by The McLaughlin Revocable Living Trust, for which the Reporting Person serves as a trustee.