Lee Klarich - Oct 20, 2021 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
EVP, Chief Product Officer
Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Lee Klarich
Stock symbol
PANW
Transactions as of
Oct 20, 2021
Transactions value $
-$7,928,617
Form type
4
Date filed
10/22/2021, 05:49 PM
Previous filing
Oct 18, 2021
Next filing
Jan 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Gift $0 -5K -1.67% $0.00 294K Sep 20, 2021 Direct
transaction PANW Common Stock Tax liability -$7.93M -15.5K -5.26% $511.92 279K Oct 20, 2021 Direct F1
* 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.