NIR ZUK - 03 Oct 2022 Form 4 Insider Report for Palo Alto Networks Inc (PANW)

Role
EVP, Chief Technology Officer, Director
Signature
/s/ Elizabeth Villalobos, Attorney-in-Fact for Nir Zuk
Issuer symbol
PANW
Transactions as of
03 Oct 2022
Net transactions value
-$6,064,152
Form type
4
Filing time
03 Oct 2022, 20:17:37 UTC
Previous filing
01 Sep 2022
Next filing
24 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANW Common Stock Sale $484,808 -2,900 -0.15% $167.18 1,976,536 03 Oct 2022 Direct F1, F2, F3
transaction PANW Common Stock Sale $3,633,487 -21,600 -1.1% $168.22 1,954,936 03 Oct 2022 Direct F1, F3, F4
transaction PANW Common Stock Sale $1,945,858 -11,500 -0.59% $169.20 1,943,436 03 Oct 2022 Direct F1, F3, F5
holding PANW Common Stock 274,914 03 Oct 2022 See footnote F3, F6
* 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 $166.72 to $167.505 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 The number of shares beneficially owned reflects the Issuer's 3-for-1 stock split effected September 13, 2022.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $167.93 to $168.90 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 $168.95 to $169.45 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 Shares are held by the Cliff Family Trusts for the benefit of the Reporting Person's children.