Nikesh Arora - 29 Aug 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Nikesh Arora
Issuer symbol
PANW
Transactions as of
29 Aug 2022
Net transactions value
-$6,932,006
Form type
4
Filing time
30 Aug 2022, 16:52:09 UTC
Previous filing
21 Jul 2022
Next filing
08 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale $2,113,242 -3,821 -0.8% $553.06 471,193 29 Aug 2022 Direct F1, F2
transaction PANW Common Stock Sale $2,150,071 -3,880 -0.82% $554.14 467,313 29 Aug 2022 Direct F1, F3
transaction PANW Common Stock Sale $1,363,913 -2,457 -0.53% $555.11 464,856 29 Aug 2022 Direct F1, F4
transaction PANW Common Stock Sale $807,739 -1,452 -0.31% $556.29 463,404 29 Aug 2022 Direct F1, F5
transaction PANW Common Stock Sale $222,973 -400 -0.09% $557.43 463,004 29 Aug 2022 Direct F1, F5
transaction PANW Common Stock Sale $274,068 -490 -0.11% $559.32 462,514 29 Aug 2022 Direct F1, F6
holding PANW Common Stock 5,335 29 Aug 2022 See footnote F7
* 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 This sale price represents the weighted average sale price of the shares sold ranging from $552.60 to $553.54 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 This sale price represents the weighted average sale price of the shares sold ranging from $553.60 to $554.54 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 $555.895 to $556.825 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 This sale price represents the weighted average sale price of the shares sold ranging from $557.07 to $558.025 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.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $558.55 to $559.50 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.
F7 Shares are held by Bacchey Investments L.P., of which Bacchey Management LLC (the "LLC") is the General Partner. The Reporting Person is the manager of the LLC. The sole member of the LLC is the Aurora Trust, for which the Reporting Person serves as a trustee.