MARK D. MCLAUGHLIN - 07 Dec 2021 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
Director
Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Mark D. McLaughlin
Issuer symbol
PANW
Transactions as of
07 Dec 2021
Transactions value $
-$776,909
Form type
4
Filing time
07 Dec 2021, 15:47:34 UTC
Previous filing
22 Nov 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale -$51.5K -100 -6.67% $515.01 1.4K 07 Dec 2021 See footnote F1, F2
transaction PANW Common Stock Sale -$207K -400 -28.57% $517.01 1K 07 Dec 2021 See footnote F1, F2, F3
transaction PANW Common Stock Sale -$259K -500 -50% $518.21 500 07 Dec 2021 See footnote F1, F2, F4
transaction PANW Common Stock Sale -$260K -500 -100% $519.00 0 07 Dec 2021 See footnote F1, F2
holding PANW Common Stock 47.4K 07 Dec 2021 See footnote F5
holding PANW Common Stock 42.8K 07 Dec 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $516.375 to $517.30 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.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $518.00 to $518.92 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.