Josh D. Paul - Sep 20, 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Josh D. Paul
Stock symbol
PANW
Transactions as of
Sep 20, 2022
Transactions value $
-$545,514
Form type
4
Date filed
9/21/2022, 06:56 PM
Previous filing
Aug 25, 2022
Next filing
Oct 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Tax liability -$546K -3.11K -8.3% $175.35 34.4K Sep 20, 2022 Direct F1, F2, F3
* 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 Includes shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
F3 The number of shares beneficially owned reflects the Issuer's 3-for-1 stock split effected September 13, 2022.