NIR ZUK - 20 Jul 2021 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Sonia Guillory, Attorney-in-Fact for Nir Zuk
Issuer symbol
PANW
Transactions as of
20 Jul 2021
Net transactions value
-$544,544
Form type
4
Filing time
22 Jul 2021, 17:07:38 UTC
Previous filing
02 Jul 2021
Next filing
03 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Tax liability $544,544 -1,358 -0.17% $400.99 820,246 20 Jul 2021 Direct F1
holding PANW Common Stock 91,638 20 Jul 2021 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units and performance-based restricted stock units.
F2 Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.