NIR ZUK - 20 Jul 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk
Issuer symbol
PANW
Transactions as of
20 Jul 2022
Net transactions value
-$236,770
Form type
4
Filing time
21 Jul 2022, 16:14:53 UTC
Previous filing
01 Jul 2022
Next filing
02 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Tax liability $236,770 -461 -0.07% $513.60 683,812 20 Jul 2022 Direct F1
holding PANW Common Stock 91,638 20 Jul 2022 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.
F2 Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.